Shares of Etsy (NASDAQ: ETSY) soared 14.3% on Thursday after the e-commerce website announced strong fourth-quarter 2019 results.
To be sure, Etsy's quarterly revenue climbed 35% year over year to $270 million, translating to net income of $31.3 million, or $0.25 per share. Though we don't normally pay close attention to Wall Street's demands, most analysts were only expecting earnings of $0.16 per share on slightly lower revenue.
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Source Fool.com