Seaport Res Ptn Analysts Cut Earnings Estimates for Shopify Inc. (TSE:SHO)

Shopify Inc. (TSE:SHOFree Report) – Research analysts at Seaport Res Ptn dropped their Q2 2024 earnings estimates for Shopify in a report issued on Monday, April 15th. Seaport Res Ptn analyst J. Cantwell now expects that the company will post earnings per share of $0.12 for the quarter, down from their prior forecast of $0.14. Seaport Res Ptn also issued estimates for Shopify’s Q3 2024 earnings at $0.32 EPS and Q4 2025 earnings at $0.71 EPS.

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

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