While it seems like most companies are underachieving this earnings season compared to Wall Street estimates, Etsy‘s (ETSY 0.85%) latest numbers were a welcome surprise. The online marketplace for special and handcrafted goods reported revenue of $594.5 million and adjusted earnings per share of $0.58, both exceeding consensus forecasts. And the stock jumped more than 10% following the upbeat news.
Etsy’s recent performance is a good reason for investors to take a closer look at the stock as we head toward the key holiday shopping season. Here’s why this top e-commerce stock might be a worthy addition to portfolios right now.
This post originally appeared at The Motley Fool.