Shopify Inc SHOP.OQ, SHOP.O is expected to show a rise in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025
The Ottawa Ontario-based company is expected to report a 25.3% increase in revenue to $2.332 billion from $1.86 billion a year ago, according to the mean estimate from 38 analysts, based on LSEG data.The company's guidance on February 11 2025, for the period ended March 31, was for revenue between $2.31 billion and $2.34 billion.
LSEG's mean analyst estimate for Shopify Inc is for earnings of 26 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 33 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Shopify Inc is $120.00, above its last closing price of $97.01.
The company's guidance on February 11 2025 for the period ended March 31 was for gross profit margin between USD21% and USD23%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.45 | 0.43 | 0.39 | Missed | -9.5 |
Sep. 30 2024 | 0.29 | 0.27 | 0.35 | Beat | 28.9 |
Jun. 30 2024 | 0.21 | 0.20 | 0.26 | Beat | 28.5 |
Mar. 31 2024 | 0.18 | 0.17 | 0.20 | Beat | 17.5 |
Dec. 31 2023 | 0.31 | 0.31 | 0.34 | Beat | 9.1 |
Sep. 30 2023 | 0.15 | 0.14 | 0.24 | Beat | 73.9 |
Jun. 30 2023 | 0.05 | 0.05 | 0.14 | Beat | 179.8 |
Mar. 31 2023 | -0.04 | -0.04 | 0.01 | Beat | 125.8 |
This summary was machine generated May 2 at 12:57 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)