Shopify is scheduled to report its first-quarter earnings after the bell on Thursday, and analysts are expecting the ecommerce company to beat earnings.
Shopify is a Canadian ecommerce company that offers online retailers a platform to sell their products. The company went public in 2015 and has since been one of the hottest stocks on the market.
Shopify has been on a tear lately, and its stock is up nearly 50% so far this year. The company has been benefitting from the surge in online shopping as more consumers turn to the internet to buy goods during the pandemic.
PRO TIP: Is Shopify Going to Beat Earnings?
With Shopify’s recent success, many investors are wondering if the company is going to beat earnings. While Shopify has been doing well, there are no guarantees that it will beat earnings.
Analysts are expecting Shopify to report revenue of $1.04 billion, up 46% from a year ago, and adjusted earnings of $0.67 per share, up from $0.42 last year.
Shopify has been consistently beating earnings expectations since it went public, and there’s no reason to think that will change this quarter. The company’s strong performance is likely to continue as online shopping continues to grow in popularity.
The bottom line is that Shopify is going to beat earnings once again, and its stock is likely to continue its upward trend.
5 Related Question Answers Found
Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.
Shopify is a popular ecommerce platform used by millions of online entrepreneurs. It’s an online store builder that allows you to create a store from scratch, or use one of their pre-made templates. Shopify takes a commission on sales, but this varies depending on the plan you choose.
Shopify is one of the most popular eCommerce platforms on the market. It’s easy to use, has a lot of features, and is very affordable. But, is a Shopify store profitable?
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. One of the most important features for any online store is shipping.
Shopify dropshipping is still profitable in 2020. The ecommerce platform continues to be one of the most popular ways to create an online store. And with good reason.
