Shopify Earnings Preview: Here’s What To Wa

Shopify Earnings Preview: Here’s What To Watch For


Stephanie Bedard-Chateauneuf-
April 26, 2021, 12:00 PM EDT
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Shopify (
SHOP) will report its 2021 first-quarter results on April 28 before the market opens. Over the past year, shares of the e-commerce platform have soared by more than 50%. But this year, the stock price has dropped 1% year-to-date and is currently trading at approximately C$1,415 per share. Strong results could propel the stock higher, so let’s have a look at what analysts are expecting.
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.

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