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Etsy Stock Surges on Better-than-Expected 4Q17 Results

Etsy Stock Surges on Better-than-Expected 4Q17 Results

Online retailer Etsy (ETSY) posted its 4Q17 results on February 27, 2018, after the market close. The company’s revenue of $136.3 million and adjusted EPS (earnings per share) came in at $0.15 as against analysts’ estimate of $132.6 million and $0.09, respectively. Shares of Etsy jumped ~15% after the 4Q17 earnings announcement in the after-market session.