TopgOptions

ETSY Disappointing Forecast

Short
NASDAQ:ETSY   Etsy, Inc.
Q1 earnings:
Revenue $579.3Mil vs $575.6Mil estimate
ADJ. EPS: $0.60 in line with 0.60 expected

Forecast Q2 revenue $540 - 590Mil vs $628Mil estimate
EDJ EBITDA 25% vs 26.5% estimate

My price target is $77.

Looking forward to read your opinion about it.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.