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SHOP earnings call for the period ending September 30, 2024.
Shopify (NYSE: SHOP) stock is surging in Tuesday's trading following the release of the company's third-quarter earnings report. The e-commerce specialist's share price was up 25.6% as of 11 a.m. ET.
In Q3, Shopify's revenue grew 26% year over year to $2.16 billion. That was an acceleration from Q2's 21% growth (25% when adjusting for the 2023 sale of its logistics business).
Shopify is trading at close to 100 times its trailing earnings, ... In 2021, when Shopify's stock hit its peak, investors were focused primarily on growth, while valuations and earnings multiples ...
Shopify stock is up 20% after the company reported Q3 earnings. Is the stock a buy right now? ... 2024. The video was published on Nov. 12, 2024. ...
Shopify's (SHOP) third-quarter performance is expected to have benefited from the growing adoption of merchant-friendly solutions, despite the challenging macro environment and higher inflation.
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Shopify (SHOP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.