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Analysts Expect Double-digit Revenue Growth for Etsy in 4Q17

Analysts Expect Double-digit Revenue Growth for Etsy in 4Q17

In 4Q17, analysts expect Etsy (ETSY) to report revenue of $132.6 million, which would represent a 20.3% rise YoY (year-over-year), driven by its strategic initiatives. In 2017, Etsy expects its revenue to grow 18.0%–20.0%, while analysts expect it to grow 19.9%. Last year saw far-reaching changes for Etsy, primarily driven by a push from activist investors. The company replaced its CEO, Chad Dickerson, with Josh Silverman.