Etsy
ETSY
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NASDAQ
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119 Followers
Fair Price
$85.29
Undervalued by 24.8%
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Etsy: Online shopping
- Etsy $ETSY0.0% offers an online marketplace for handmade and vintage items from artisans around the world, making it well-known among online buyers.
- In earlier phases of the pandemic, $ETSY saw a surge in sales as people preferred to shop online from the comfort of their homes. However, the recent period has brought some challenges, especially in the face...
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ETSY SHARES DROP
-Shares of Etsy, Inc. $ETSY fell 7.7% after the company released its fourth quarter financial results.
- Q4 revenue was 842.3 million, up 4.3% from the prior year, but earnings fell well short of expectations.
- Earnings per share declined to 62 cents, compared to analysts' expectations of 77 cents per share.
- Gross merchandise sales (GMS) showed a decline in...
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