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Adjusted earnings per share of 7 cents beat estimates of a loss per share of 2.5 cents. Shopify announced price hikes for its merchants earlier this year. The stock is up more than 40% year-to-date.
Today's rally has pushed the stock to a new three-year high. Strong GMV growth powers Q3 beats for Shopify. Shopify posted net income of $344 million on sales of $2.16 billion in the third quarter ...
SHOP earnings call for the period ending September 30, 2024.
Shopify (SHOP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Shopify is trading at close to 100 times its trailing earnings, and even based on analyst expectations, it's trading at 75 times next year's profits. While the company has made improvements to its ...
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Shopify stock is up 20% after the company reported Q3 earnings. Is the stock a buy right now?
Shopify's management team still sees solid earnings and sales growth ahead in 2024, with revenue likely to rise in the low-to-mid 20% range in Q2 after adjusting for the sale of its logistics arm.