Shopify Inc. (SHOP) Set to Announce Quarterly Earnings on Tuesday
Shopify Inc. (NYSE:SHOP) (TSE:SH) is scheduled to announce its earnings results before the market opens on Tuesday, October 31st. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.
Shopify (NYSE:SHOP) (TSE:SH) last released its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.05. The business had revenue of $151.70 million during the quarter, compared to analyst estimates of $143.94 million. Shopify had a negative return on equity of 8.26% and a negative net margin of 8.96%. The company’s revenue was up 75.2% compared to the same quarter last year. During the same period last year, the company posted ($0.04) EPS. On average, analysts expect Shopify to post $-0.6 EPS for the current fiscal year and $-0.46 EPS for the next fiscal year.
Shares of Shopify Inc. (NYSE:SHOP) opened at 102.91 on Tuesday. Shopify Inc. has a 1-year low of $37.74 and a 1-year high of $123.94. The stock’s 50 day moving average price is $109.28 and its 200 day moving average price is $109.28. The company’s market capitalization is $10.14 billion.
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Shopify Company Profile
Shopify Inc (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company’s software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces.
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