Shopify's Q3 Earnings Beat The Odds: Is The Stock Still Overpriced ...

Nov 6, 2023 · Shopify's Q3 2023 financial results beat expectations, with revenue of $1.71B and normalized EPS of $0.24. Find out why SHOP stock is a Hold.

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Shopify's Q3 Earnings Beat The Odds: Is The Stock Still Overpriced ...

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Nov 6, 2023 · Shopify's Q3 2023 financial results beat expectations, with revenue of $1.71B and normalized EPS of $0.24. Find out why SHOP stock is a Hold.

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Shopify Shares Rise On Q3 Earnings Beat: Is The Stock A Buy?

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4 days ago · Shopify (SHOP Quick Quote SHOP - Free Report) reported third-quarter 2024 non-GAAP earnings of 36 cents per share, beating the Zacks Consensus Estimate by 33.33%. …

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Shopify Q3 Earnings: Ninth Consecutive Quarter Of Revenue Beats, …

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4 days ago · Shopify Inc (NYSE:SHOP) clocked fiscal third-quarter 2024 revenue growth of 26% year-over-year to $2.16 billion, which beat the analyst consensus estimate of $2.11 billion. …

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Shopify Stock Jumps On Q3 Revenue, E-Commerce Volume Beat

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4 days ago · On the stock market today, Shopify stock popped 23% to near 111 in morning trading. That would be the highest price since early 2022. That would be the highest price …

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Shopify To Report Q3 Earnings: Is The Stock A Portfolio Must-Have?

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Nov 7, 2024 · SHOP’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 31.17%. See the Zacks Earnings Calendar to stay ahead …

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Shopify Shares Rise On Q3 Earnings Beat: Is The Stock A Buy?

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3 days ago · Shopify SHOP reported third-quarter 2024 non-GAAP earnings of 36 cents per share, beating the Zacks Consensus Estimate by 33.33%. SHOP reported earnings of 24 …

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Shopify Announces Third-Quarter 2023 Financial Results

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Nov 2, 2023 · Revenue Up 25% and Gross Profit Up 36% Year-Over-Year; Free Cash Flow Positive for Fourth Consecutive Quarter, Reaching 16% of Revenue. Internet, Everywhere - …

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Shopify Shares Rise On Q3 Earnings Beat: Is The Stock A Buy?

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3 days ago · Shopify SHOP reported third-quarter 2024 non-GAAP earnings of 36 cents per share, beating the Zacks Consensus Estimate by 33.33%. SHOP reported earnings of 24 …

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Shopify’s (NYSE:SHOP) Q3: Beats On Revenue, Stock Jumps 14.5%

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4 days ago · Shopify (SHOP) Q3 CY2024 Highlights: Revenue: $2.16 billion vs analyst estimates of $2.11 billion (2.2% beat) Revenue Guidance for Q4 CY2024 is ~$2.73 billion at the …

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Shopify (SHOP) Q3 Earnings Report Preview: What To Look For

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6 days ago · Shopify is up 5.2% during the same time and is heading into earnings with an average analyst price target of $75.86 (compared to the current share price of $87.99).

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Shopify’s (NYSE:SHOP) Q3: Beats On Revenue, Stock Jumps 14.5%

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4 days ago · E-commerce software platform Shopify (NYSE:SHOP) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 26.1% year on year to $2.16 billion.

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FAQs about Shopify's Q3 Earnings Beat The Odds: Is The Stock Still Overpriced ... Coupon?

How did Shopify perform in Q3 2024?

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. ...

What can we expect from Shopify's Q3 results?

Looking at Shopify’s peers in the e-commerce software segment, some have already reported their Q3 results, giving us a hint as to what we can expect. GoDaddy delivered year-on-year revenue growth of 7.3%, meeting analysts’ expectations, and BigCommerce reported revenues up 7.3%, in line with consensus estimates. ...

How did Shopify's Revenue perform in Q3?

Interestingly, Shopify's revenues outpaced GMV growth, rising +25% y/y to $1.7B, powered by higher subscription prices and improved product attach rates. With Shopify's subscription price increases from earlier this year taking full effect in Q3, "Subscription Solutions" segment revenue jumped +29% y/y to $486M. ...

What will Shopify's earnings look like this quarter?

This quarter, analysts are expecting Shopify’s revenue to grow 23.4% year on year to $2.11 billion, slowing from the 25.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.27 per share. ...

Will Shopify's revenue grow in the next 12 months?

This quarter, Shopify reported robust year-on-year revenue growth of 26.1%, and its $2.16 billion of revenue topped Wall Street estimates by 2.2%. Looking ahead, sell-side analysts expect revenue to grow 20.8% over the next 12 months, a deceleration versus the last three years. ...

How did Shopify perform in the third quarter?

E-commerce platform provider Shopify (SHOP 21.04%) delivered strong earnings for the third quarter on Tuesday, No. 12, that topped analyst estimates. The results showcased significant strides in financial performance, with non-GAAP EPS of $0.64 coming in markedly above the expected $0.27. ...