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Top Wall Street Forecasters Revamp Etsy Expectations Ahead Of Q2 Earnings

1. Etsy's Q4 earnings expected at 49 cents, up from 41 cents last year. 2. Quarterly revenue projected at $647.63 million, slightly lower than last year. 3. Etsy announced $650 million in convertible senior notes offering in June. 4. Analysts maintain mixed ratings with target price increases across firms. 5. Etsy shares fell 3.9% to close at $60.30 recently.

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FAQ

Why Neutral?

Earnings expectations show slight growth, but mixed analyst ratings temper optimism. Historical volatility showcases sensitivity to earnings reports.

How important is it?

Market watchers place significant importance on upcoming earnings; mixed analyst views may lead to indecision.

Why Short Term?

Upcoming earnings release will impact stock price in the immediate future. Similar past reports have generated quick reactions in stock price.

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