Feb 27, 11:50 PM

Etsy's Sales Dip as eBay Surpasses Estimates with $2.56B Q4 Revenue & $728M Net Income

Etsy's active buyers and sellers increased, but gross merchandise sales slightly declined. Etsy's value metrics include a 15 PE ratio and 4.1x revenue, with projected 3% revenue growth. eBay outperformed earnings estimates, with Q4 revenue up 2% YoY to $2.56B, net income up 8% to $728M, and a $2B stock buyback program. eBay's holiday quarter results exceeded expectations, leading to a stock rally and positive investor sentiment.

#Etsy #eBay

Written with ChatGPT (GPT-3).