Seaport Res Ptn Weighs in on Shopify Inc.’s Q1 2024 Earnings (TSE:SHO)

Shopify Inc. (TSE:SHOFree Report) – Seaport Res Ptn lifted their Q1 2024 earnings estimates for Shopify in a research note issued to investors on Monday, April 15th. Seaport Res Ptn analyst J. Cantwell now anticipates that the company will post earnings of $0.10 per share for the quarter, up from their prior estimate of $0.09. Seaport Res Ptn also issued estimates for Shopify’s Q4 2024 earnings at $0.54 EPS, FY2024 earnings at $1.08 EPS, Q1 2025 earnings at $0.26 EPS, Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.37 EPS and FY2025 earnings at $1.63 EPS.

Shopify (TSE:SHOGet Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The company reported C$0.35 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.30 by C$0.05. The firm had revenue of C$2.92 billion during the quarter, compared to analyst estimates of C$2.83 billion.

Shopify Price Performance

Further Reading

Earnings History and Estimates for Shopify (TSE:SHO)

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