Etsy Inc Q4 Profit Rises, Beats Estimates

(RTTNews) - Etsy Inc (ETSY) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $129.91 million, or $1.03 per share. This compares with $83.27 million, or $0.62 per share, last year.

Analysts on average had expected the company to earn $0.94 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 1.2% to $852.16 million from $842.32 million last year.

Etsy Inc earnings at a glance (GAAP) :

-Earnings: $129.91 Mln. vs. $83.27 Mln. last year. -EPS: $1.03 vs. $0.62 last year. -Revenue: $852.16 Mln vs. $842.32 Mln last year.