The Zack Consensus Estimates for earnings is $0.78 per share, representing a growth of 310.53% from the prior-year quarter. The estimated revenue is $853.04 million, indicating an increase of 81.5% from the first quarter of 2020.
Shopify reported adjusted earnings of $1.58 per share in the previous quarter, which more than tripled from the prior-year quarter. The result also beat the consensus estimate of $0.37. Also, revenue jumped 94% to $977.7 million and exceeded analysts' expectations of $906.82 million.
Shopify (SHOP) - Why Shopify's Stock Is Trading Higher Today | Benzinga
Shopify (NYSE: SHOP ) shares are trading higher, potentially in anticipation of the company's first-quarter earnings results. The company reports earnings on Wednesday before the market opens.
Shopify shares were 5.52% higher at $1,160.27 at the time of writing. The stock has a 52-week high of $1,499.75 and a 52-week low of $595.03.
Buy-the-Dip Candidates: Netflix, Altria, Coinbase, Shopify - TheStreet
Stocks are mixed Monday as a busy earnings week awaits investors. Tesla is set to report its earnings Monday and Bitcoin is rising after falling below $50,000 over the weekend.
If you're looking for the best stocks from this week, check the 15 best stocks from this past week including IBM, NIO, Skillz, Skechers, BioNTech, Equifax, Microvision and more.
Here are several stocks that fell this past week and could present an opportunity to "buy the dip".
Earnings Previews: Boeing, Enphase, Shopify, Starbucks – 24/7 Wall St.
We'll be previewing only a small percentage of the more than 900 publicly traded companies scheduled to report March quarter earnings this week. We have selected a couple of dozen to preview over the next few days from the nearly endless list. First out of the chute this week (Monday afternoon) is Tesla, then General Electric and UPS are scheduled to report results before markets open Tuesday. All three will be watched closely.
Our earlier report on Monday included coverage of AMD, Google, Microsoft and Texas Instruments , all of which report after markets close on Tuesday.
Why not both? Lululemon founder says consumers benefit from Amazon-Shopify battle - BNN Bloomberg
As Amazon.com Inc. and Shopify Inc. compete head-to-head in the e-commerce game, Canadian billionaire and Lululemon Athletica Founder Chip Wilson hopes both platforms come out winners.
"I think they're both good for the marketplace. The competition between the two of them is only going to make it better for the consumer," he said in a broadcast interview on Monday.
In January, Amazon acquired Australian firm Selz, which helps businesses launch their own online stores, a deal which positions the e-commerce giant to compete directly with Shopify.
Apple Inc. (NASDAQ:AAPL), Advanced Micro Devices, Inc.
Last Week – SPY closed Friday near all time highs. The VIX closed just above 17.
This Week – SPY options are pricing a 1.1% move (in either direction) for the upcoming week. That corresponds to about $411 as a bearish consensus and $421 as a bullish consensus
Options AI provides a free expected move calculator that allows you to compare expected moves on the same chart.
What is the Market's View on Shopify Inc (SHOP) Stock's Price and Volume Trends Monday?
Overall market sentiment has been down on Shopify Inc ( SHOP ) stock lately. SHOP receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Shopify brings social commerce to Pinterest Australia - Inside Retail
Pinterest and Shopify will extend their partnership to a further 27 countries, including Australia, in a move expected to making social commerce easier on the platform.
The partnership will enable Australian businesses to easily bring products to Pinterest and make them shoppable, and allows market-specific feeds, meaning the discovery platform can be used as an online catalogue for brands to show off different products in different markets.
Pinterest Expands Its Shopify Partnership To 27 New Countries
Pinterest is expanding its partnership with Shopify, to 27 new countries, to help more merchants bring their products online.
In the last year, there has been a huge demand from consumers to discover and purchase products online and, therefore, businesses need to be able to get their products online as well.
To help more merchants respond to the growing demand from global consumers, Pinterest is now expanding its partnership with Shopify to many more countries.
New Boost for Cardano Brings Crypto Asset to Shopify and WooCommerce | The Daily Hodl
A new Cardano integration is bringing the sixth-largest crypto asset one step closer to mainstream adoption.
In a new Reddit post, crypto payment gateway solution NOWPayments unveils a plugin that allows WooCommerce and Shopify merchants to get their hands on Cardano (ADA).
“After having confirmed our integration with the Cardano tech team – we are posting our announcement again and we are excited to get in touch with the Cardano community!
Happening on Twitter
*This Week's Earnings: -Apple -Microsoft -Amazon -Google -Facebook -Tesla -AMD -Shopify -Twitter -Pinterest -Telad… https://t.co/ShRVqPQR76 Investingcom (from Global) Sun Apr 25 13:00:01 +0000 2021
No comments:
Post a Comment