Shopify (NYSE:SHOP) reported its Q3 earnings results on Thursday, October 27, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Shopify beat estimated earnings by 80.0%, reporting an EPS of $-0.02 versus an estimate of $-0.1.
Revenue was up $242.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 1.9% increase in the share price the next day.
Here’s a look at Shopify’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.10 | 0.16 | 0.13 |
| EPS Actual | -0.03 | 0.02 | 0.14 | 0.08 |
| Revenue Estimate | 1.71B | 1.60B | 1.69B | 1.39B |
| Revenue Actual | 1.29B | 1.20B | 1.38B | 1.12B |
To track all earnings releases for Shopify visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
