Shopify (SHO) Scheduled to Post Quarterly Earnings on Tuesday

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

Shopify (TSE:SHO) last released its quarterly earnings results 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 firm had revenue of C$2.80 billion during the quarter, compared to the consensus estimate of C$2.75 billion.

Shopify Price Performance

Analyst Ratings Changes

Several brokerages have recently commented on SHO. Wolfe Research upgraded shares of Shopify to a “strong-buy” rating in a research report on Tuesday, July 16th. Argus raised Shopify to a “strong-buy” rating in a research note on Thursday, August 8th. Redburn Atlantic raised Shopify from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 17th. Cantor Fitzgerald raised Shopify to a “hold” rating in a report on Thursday, September 5th. Finally, Evercore ISI raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and five have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently 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.