Etsy, Inc. Reports Third Quarter 2021 Results

Go back to Etsy, Inc. Reports Third Quarter 2021 Results

Etsy (ETSY) PT Raised to $265 at Needham & Company

November 4, 2021 6:21 AM EDT

Needham & Company analyst Anna Andreeva raised the price target on Etsy (NASDAQ: ETSY) to $265.00 (from $250.00) while maintaining a Buy rating.

The analyst commented, "ETSY's strong 3Q21 results (beat on GMS, Sales an EBITDA) illustrate impressive strength at core Etsy brand (GMS +24% ex masks, despite... More

Etsy (ETSY) Tops Q3 EPS by 8c

November 3, 2021 4:07 PM EDT

Etsy (NASDAQ: ETSY) reported Q3 EPS of $0.62, $0.08 better than the analyst estimate of $0.54. Revenue for the quarter came in at $532.4 million versus the consensus estimate of $519.06 million.

Consolidated GMS was $3.1 billion, up 17.9% year-over-year; while Etsy marketplace GMS was $2.7 billion, up 12.4% year-over-year. Excluding face masks, Etsy... More