Shopify (SHO) Scheduled to Post Earnings on Tuesday

Shopify (TSE:SHO) will post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Shopify to post earnings of C$0.37 per share for the quarter.

Shopify (TSE:SHO) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.15 by C$0.10. The business had revenue of C$2.80 billion during the quarter, compared to analyst estimates of C$2.75 billion.

Shopify Stock Performance

Analyst Ratings Changes

SHO has been the topic of several research reports. Evercore ISI raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 8th. Wolfe Research upgraded Shopify to a “strong-buy” rating in a research note on Tuesday, July 16th. Cantor Fitzgerald upgraded shares of Shopify to a “hold” rating in a research note on Thursday, September 5th. Argus upgraded shares of Shopify to a “strong-buy” rating in a research note on Thursday, August 8th. Finally, Redburn Atlantic raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 17th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Shopify Company Profile

Sunstone Hotel Investors, Inc is a lodging real estate investment trust (“REIT”) that as of the date of this release has interests in 19 hotels comprised of 9,997 rooms. Sunstone’s business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.