Shopify's Enterprise Growth Momentum
Shares of Shopify jump as the company poses 3Q revenue that topped analyst estimates lead in part by a growing Enterprise and international consumer. Shopify President Harley Finkelstein joins Caroline Hyde to discuss on "Bloomberg Technology.
Shopify stock jumps 25% to hit yearly high—here's what drove the surge
Shares of Shopify soared more than 25% on Tuesday, marking their best trading day in a year after the e-commerce giant reported a robust third-quarter revenue increase. Shopify posted revenue of $2.16 billion, a 26% year-over-year increase, surpassing the FactSet consensus estimate of $2.1 billion.
Shopify Boosts AI and Unified Commerce Tools for Merchants
A major focus for Shopify has been ensuring its merchants are equipped to reach consumers wherever they are, Shopify President Harley Finkelstein noted Tuesday (Nov. 12) during the company's third-quarter earnings call. By streamlining the shopping experience, Shopify officials want to connect its platform to key touchpoints across the digital landscape, including YouTube, TikTok, Roblox and Instagram.
Key Earnings Movers: Shopify Soars on Double-Beat Report
The third-quarter earnings season is winding down, but that doesn't mean the fireworks are over.
Compared to Estimates, Shopify (SHOP) Q3 Earnings: A Look at Key Metrics
The headline numbers for Shopify (SHOP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Can Shopify Re-Rate Higher After The Q3 2024 Earnings Outperformance Rally?
Shopify's Q3 revenue grew 26% y/y to $2.162 billion, outperforming management's guidance and Wall Street expectations by wide margins. Despite the competitive base, management's eyeing a similar pace of acceleration for Q4, unlocking a subsequent uplift to Shopify's growth outlook and an ensuing valuation re-rate higher for the stock. Looking ahead, further upside from current levels will require additive growth and sustained margin expansion over the longer-term, which will be unleashed by Shopify's deepening pivot into enterprise opportunities.
Shopify Inc. (SHOP) Q3 2024 Earnings Call Transcript
Shopify Inc. (NYSE:SHOP ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Carrie Gillard - Director, Investor Relations Harley Finkelstein - President Jeff Hoffmeister - Chief Financial Officer Conference Call Participants Brian Peterson - Raymond James Colin Sebastian - Baird D.J. Hynes - Canaccord Todd Coupland - CIBC Michael Morton - MoffettNathanson Siti Panigrahi - Mizuho Securities Andrew Boone - JMP Securities Mark Zgutowicz - Benchmark Ken Wong - Oppenheimer Trevor Young - Barclays Dominic Ball - Redburn Atlantic Deepak Mathivanan - Cantor Fitzgerald Richard Tse - National Bank Financial Carrie Gillard Good morning, and thank you for joining Shopify's Third Quarter 2024 Conference Call.
Shopify (SHOP) Surpasses Q3 Earnings and Revenue Estimates
Shopify (SHOP) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.24 per share a year ago.
Why Shopify Stock Is Skyrocketing Today
Shopify published its Q3 report this morning, and it gave investors plenty to be excited about.
SHOP, CVNA, HIMS Highlight Strength & Diversity in Consumer Discretionary
Shopify's (SHOP) massive pop after earnings is just the latest flex of Consumer Discretionary's strength, according to Roxanna Islam. The sector has grown 20% year-to-date compared to Consumer Staples.
Shopify Earnings Momentum Accelerates Ahead of Holiday Shopping Season
Shopify stock is surging Tuesday after the e-commerce company beat Q3 expectations and gave a rosy outlook for the holiday shopping season. Here's what you need to know.
Shopify President Harley Finkelstein on Q3 results: We're able to deliver both on growth and margins
Shopify President Harley Finkelstein joins 'Squawk on the Street' to discuss the company's quarterly earnings results, growth outlook, attracting new retailers, implementation of AI, state of the consumer, and more.
