Shopify Inc. SHOP announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts are predicting Shopify will report a loss of 3 cents per share on revenue of $234.64 million.
In the same quarter last year, Shopify reported an EPS loss of 1 cent on revenue of $151.65 million. Revenue would be have grown 54.72 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.05 | 0.05 | -0.01 | -0.07 |
| EPS Actual | 0.04 | 0.15 | 0.05 | -0.01 |
Stock Performance
Over the last 52-week period, shares are up 70.52 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating by analysts on Shopify stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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