Q2 2019 Earnings Estimate for Shopify Inc. (SHO) Issued By Piper Jaffray Companies

Shopify Inc. (TSE:SHO) – Stock analysts at Piper Jaffray Companies cut their Q2 2019 earnings per share estimates for shares of Shopify in a research report issued to clients and investors on Tuesday, May 14th. Piper Jaffray Companies analyst M. Olson now forecasts that the company will post earnings of ($0.45) per share for the quarter, down from their prior estimate 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 posted its quarterly earnings results on Tuesday, April 30th. The company reported C($0.29) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.46) by C$0.17. The company had revenue of C$426.10 million during the quarter, compared to analysts’ expectations of C$411.39 million.

See Also: Initial Public Offering (IPO)

Earnings History and Estimates for Shopify (TSE:SHO)

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