Shopify to report Q4 earnings: What opportunities do we have...

Shopify to report Q4 earnings: What opportunities do we have?

The S&P 500 $S&P 500 Index (.SPX.US)$ closed above 5,000 for the first time ever on last Friday as the three major averages logged a positive Show More

The S&P 500 $S&P 500 Index (.SPX.US)$ closed above 5,000 for the first time ever on last Friday as the three major averages logged a positive week for the 13th time in the last 14 weeks.

With few economic catalysts in the past week, investors have been digesting a slew of corporate results that have come in better than expected. Meanwhile, commentary from Federal Reserve officials largely reiterated the central bank's stance that more confidence in inflation's path downward is needed.

Shopify( $Shopify (SHOP.US)$ )( $Shopify Inc (SHOP.CA)$ ) is scheduled to report its fourth-quarter 2023 results on Feb 13. For the to-be-reported quarter, Shopify expects revenue growth in the high teens on a year-over-year basis. Adjusting for a 400-500 bps headwind related to the divestiture of the logistics business, revenues are expected to grow in the low-to-mid-twenties on a year-over-year basis.

The Zacks Consensus Estimate for revenues is currently pegged at $2.07 billion, suggesting growth of 19.21% from the year-ago quarter’s reported figure. The consensus mark for earnings is pegged at 31 cents per share, unchanged over the past 30 days. Shopify reported earnings of 7 cents per share in the year-ago quarter.

🎙️Q:

1. What's your outlook on the future of e-commerce?

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gogogaggettsecurrbag

Feb 15 13:07

yes Spotify is a good choice moo

Shopify to report Q4 earnings: What opportunities do we have?

Business Investor

Feb 14 04:25

What is happening to shopify?

In the ever-evolving landscape of the stock market, Shopify's recent stock performance presents a fascinating case study. Despite reporting earnings that surpassed expectations, Shopify's stock experienced a surprising dip. This counterintuitive scenario provides a prime opportunity to delve into the intricate dynamics of investor behavior and market reactions. Here, we explore three pivotal reasons that may elucidate why Shopify's commendable financial achievements...

Shopify to report Q4 earnings: What opportunities do we have?

nerdbull1669

Feb 12 17:12

Shopify (SHOP) To Report Better Earnings, Push Price Up After Earnings

$Shopify(SHOP.US)$ is expected to release earnings on 13 Feb 2024 before the market opens (BMO). Shares surged in early November after the Canadian e-commerce firm reported another quarter of strong bottom-line and top-line growth and also gave an upbeat outlook.
Like a lot of similar e-commerce companies, Shopify has been cutting costs. In May, the company laid off 20% of its workforce. It also announced plans to sell its log...

Shopify to report Q4 earnings: What opportunities do we have?

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