Seaport Res Ptn Weighs in on Shopify Inc.’s Q1 2024 Earnings (TSE:SHO)

Shopify Inc. (TSE:SHO) – Equities research analysts at Seaport Res Ptn upped their Q1 2024 earnings per share estimates for Shopify in a report released on Monday, April 15th. Seaport Res Ptn analyst J. Cantwell now anticipates that the company will post earnings per share of $0.10 for the quarter, up from their prior estimate 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 Stock Performance

Shopify (TSE:SHO) last announced its quarterly earnings results on Tuesday, February 13th. The company reported C$0.35 EPS for the quarter, beating analysts’ consensus estimates of C$0.30 by C$0.05. The firm had revenue of C$2.92 billion for the quarter, compared to analyst estimates of C$2.83 billion.