Shopify(US:SHOP) ZACKS·2025-05-05 14:21Core Insights - Shopify (SHOP) is expected to report quarterly earnings of $0.26 per share, reflecting a 30% increase year-over-year, with revenues projected at $2.33 billion, a 25.2% increase compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 2% in the last 30 days, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts forecast 'Revenues- Merchant solutions' to reach $1.71 billion, a year-over-year increase of 26.7% [5] - 'Revenues- Subscription solutions' are projected to be $621.37 million, reflecting a 21.6% increase from the prior-year quarter [5] Gross Merchandise Volume (GMV) and Gross Payments Volume (GPV) - The estimated 'Gross Merchandise Volume (GMV)' is $74.66 billion, up from $60.86 billion in the same quarter last year [6] - 'Gross Payments Volume (GPV)' is expected to be $46.44 billion, compared to $36.24 billion a year ago [6] Monthly Recurring Revenue (MRR) and Shopify Plus Contribution - The consensus estimate for 'Monthly Recurring Revenue (MRR)' is $179.99 million, up from $151 million year-over-year [7] - 'Shopify Plus contributed' is expected to be $59.04 million, compared to $48 million in the same quarter last year [7] Gross Profit Estimates - Analysts expect 'Gross Profit- Merchant solutions' to be $661.73 million, up from $541 million year-over-year [8] - The consensus for 'Gross Profit- Subscription solutions' is $542.99 million, compared to $416 million in the previous year [8] Stock Performance - Shopify shares have increased by 29.1% in the past month, significantly outperforming the Zacks S&P 500 composite, which saw a 0.4% increase [8]