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'Gets Better As It Gets Bigger': Etsy (ETSY) Stock Surges 16% on Beat Across the Board, Analysts Bullish

February 25, 2022 6:44 AM EST

Shares of Etsy (NASDAQ: ETSY) are up more than 16% in premarket trading Friday after the company's Q4 financial results that beat analyst estimates.

Etsy posted Q4 EPS of $1.11, compared to the consensus estimates of 76c per share. Revenue came in at $717.1 million, up 16% YOY, and above the analyst consensus of $685.5 million.

Etsy reported gross merchandise sales of $4.2 billion in the fourth quarter, up 17% YOY and compared to the estimates of $4.06 billion.... More