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Benzinga
Benzinga
Business
Henry Khederian

MYSTERIOUS: Why etsy shares are falling | Mind Blowing Facts

Etsy Etsy Inc Nasdaq

Etsy Inc (NASDAQ:ETSY) shares are trading lower by 13.58% at $94.50 after the company reported first-quarter earnings results and issued second-quarter sales guidance below analyst estimates.

Etsy reported quarterly earnings of 60 cents per share which beat the analyst consensus estimate of 59 cents. The company also reported quarterly sales of $579.27 million which beat the analyst consensus estimate of $575.44 million by 1%.

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