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Etsy Poised to Report Strong 4Q17 Results

Etsy Poised to Report Strong 4Q17 Results

E-commerce retailer Etsy (ETSY) is scheduled to report its 4Q17 earnings on February 27, 2018. In 4Q17, analysts expect the company to report a strong YoY (year-over-year) improvement in its top and bottom lines. Etsy’s revenue is expected to rise 20.3% to $132.6 million in 4Q17, while its adjusted EPS (earnings per share) are projected to rise to $0.09 from -$0.19 in 4Q16. In 2017, Etsy undertook extensive measures such as cost cutting and revamping management, and is investing to better its digital platform to enhance its financial performance.