Analysts Issue Forecasts for Shopify Inc.’s Q2 2019 Earnings (SHO)
Shopify Inc. (TSE:SHO) – Stock analysts at Piper Jaffray Companies decreased their Q2 2019 EPS estimates for Shopify in a research report issued to clients and investors on Tuesday, May 14th. Piper Jaffray Companies analyst M. Olson now expects that the company will post earnings of ($0.45) per share for the quarter, down from their prior forecast of ($0.39). Piper Jaffray Companies also issued estimates for Shopify’s Q3 2019 earnings at ($0.27) EPS, Q4 2019 earnings at ($0.14) EPS, FY2019 earnings at ($1.16) EPS, Q1 2020 earnings at ($0.20) EPS, Q2 2020 earnings at ($0.35) EPS, Q3 2020 earnings at ($0.12) EPS, Q4 2020 earnings at ($0.04) EPS and FY2020 earnings at ($0.71) EPS.
Shopify (TSE:SHO) last released its earnings results on Tuesday, April 30th. The company reported C($0.29) EPS for the quarter, topping the consensus estimate of C($0.46) by C$0.17. The business had revenue of C$426.10 million for the quarter, compared to analyst estimates of C$411.39 million.
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