Shopify Shares Rise on Q3 Earnings Beat: Is the Stock a Buy?

Shopify (SHOP) reported third-quarter 2024 non-GAAP earnings of 36 cents per share, beating the Zacks Consensus Estimate by 33.33%. SHOP reported earnings of 24 cents per share in the year-ago quarter.SHOP’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average earnings surprise being 24.50%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $2.16 billion surpassed the Zacks Consensus Estimate by 2.59%. The top line soared 26.1% year over y ...