Shopify Inc. (TSE:SHO) Expected to Post Q1 2024 Earnings of $0.10 Per Share

Shopify Inc. (TSE:SHOFree Report) – Equities research analysts at Seaport Res Ptn increased their Q1 2024 earnings per share (EPS) estimates for shares of Shopify in a research report issued on Monday, April 15th. Seaport Res Ptn analyst J. Cantwell now forecasts that the company will post earnings of $0.10 per share for the quarter, up from their previous forecast of $0.09. Seaport Res Ptn also issued estimates for Shopify’s Q4 2024 earnings at $0.54 EPS, FY2024 earnings at $1.08 EPS, Q1 2025 earnings at $0.26 EPS, Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.37 EPS and FY2025 earnings at $1.63 EPS.

Shopify (TSE:SHOGet Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported C$0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.30 by C$0.05. The company had revenue of C$2.92 billion during the quarter, compared to analyst estimates of C$2.83 billion.

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