Shopify (SHOP) Shares Surge After Q3 Earnings: Time to Buy? [Yahoo! Finance]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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US:NYSE Investor Relations:
investors.shopify.com/home/default.aspx
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Source: Yahoo! Finance
With SHOP sitting on nearly +40% gains for the year, let's review Shopify's Q3 report and see if it's still time to buy stock in the internet-commerce platform provider. Image Source: Zacks Investment Research Stating its unified commerce platform is becoming the go to choice for merchants of all sizes, Shopify highlighted a sixth consecutive quarter of 25% revenue growth or greater. Third quarter sales stretched 26% to $2.15 billion versus $1.71 billion in the comparative quarter. This topped Q3 sales estimates of $2.1 billion by 2%. Shopify was able to turn a higher profit with net income spiking to $828 million compared to $718 million in Q3 2024 (GAAP). SHOP produced adjusted earnings of $0.36 per share which surpassed the Zacks EPS Consensus of $0.27 by 33% and was nicely up from $0.24 a share in the prior period. More reassuring is that Shopify has surpassed top and bottom line expectations for nine consecutive quarters, posting an average sales and earnings surprise of
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News
- What Makes Shopify (SHOP) a Strong Momentum Stock: Buy Now? [Yahoo! Finance]Yahoo! Finance
- Shopify Inc. (NYSE: SHOP) was downgraded by analysts at DZ Bank AG from a "hold" rating to a "sell" rating.MarketBeat
- Is Trending Stock Shopify Inc. (SHOP) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- It's time to look past the Magnificent Seven and invest in these standout Canadian tech stocks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Shopify Inc. (SHOP): Among ARK Invest's Top Stock Picks for 2024 [Yahoo! Finance]Yahoo! Finance
SHOP
Earnings
- 8/7/24 - Beat
SHOP
Sec Filings
- 11/15/24 - Form 144
- 11/13/24 - Form 144
- 11/13/24 - Form 144
- SHOP's page on the SEC website