--- title: Why Etsy's Stock Is Popping Even Though It’s Losing Money description: Etsy posted a loss instead of the expected gain on earnings, in spite of beating revenue estimates. authors: - name: Martha C. White role: Writer url: https://money.com/author/martha-c-white/ education: BA, English, Princeton University at_money_since: 2015 articles: 350 covers: - Business - Banking - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Federal Reserve Rate Cuts - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology published: '2016-02-23T22:40:43.000Z' modified: '2024-04-16T10:07:01.000Z' section: Business tags: - Amazon - Earnings report - ecommerce - Etsy - pubdesk - stocks word_count: 264 canonical: https://money.com/etsy-q4-earnings-disappoint-shares-jump/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![160223_em_etsy](https://img.money.com/2016/02/160223_em_etsy.jpg) *Etsy Inc. headquarters in Brooklyn, NY.* From knit beanies to reclaimed lumber end tables, Etsy sellers had a busy quarter, with the handmade and vintage-goods sales platform beating analyst expectations with revenues of $87.8 million for the fourth quarter of 2015. Year over year, merchandise sales rose by 21%, the company said. Despite a per-share earnings loss of 4 cents -- versus analyst projections of a 1-cent a share gain -- shares had risen more than 15% by 5:30 ET in after hours trading. This was most likely the result of tempered expectations beforehand, since shares had fallen in advance of Etsy's report. Analysts worried about competition from Amazon's "Handmade", a platform for independent artisans to sell their products that launched last year and bears a lot of similarities to Etsy. For all its folksy charm, Etsy has had a bumpy ride adjusting to Wall Street's hustle: At market close, shares were still down 11% since the beginning of the year, and has plummeted a whopping 75% since going public last year. It's also lost $54 million over the past year. Etsy has been looking for ways to bridge the divide between its online sales channel and the brick-and-mortar world. Last year, it launched a function on its app that let vintage and craft lovers find stores and events near them where Etsy sellers were hawking their wares, and earlier this month, it announced a shop at the Macy’s Herald Square in New York City that will feature items from multiple sellers throughout 2016. *Update: This story has been updated to clarify how the Etsy shop at Macy’s will operate.* ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/etsy-q4-earnings-disappoint-shares-jump/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Business", "item": "https://money.com/business/" }, { "@type": "ListItem", "position": 3, "name": "E-Commerce", "item": "https://money.com/e-commerce/" }, { "@type": "ListItem", "position": 4, "name": "Why Etsy's Stock Is Popping Even Though It’s Losing Money" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/etsy-q4-earnings-disappoint-shares-jump/#webpage", "url": "https://money.com/etsy-q4-earnings-disappoint-shares-jump/", "name": "Why Etsy's Stock Is Popping Even Though It’s Losing Money", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-02-23T22:40:43.000Z", "mainEntity": { "@id": "https://money.com/etsy-q4-earnings-disappoint-shares-jump/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/etsy-q4-earnings-disappoint-shares-jump/#breadcrumb" }, "dateModified": "2024-04-16T10:07:01.000Z" }, { "@type": "Article", "headline": "Why Etsy's Stock Is Popping Even Though It’s Losing Money", "articleSection": "Business", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/02/160223_em_etsy.jpg", "width": 2100, "height": 1400, "caption": "160223_em_etsy" } ], "author": [ { "@type": "Person", "name": "Martha C. 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