Shopify (SHOP) Matches Q3 Earnings Estimates

Core Insights - Shopify reported quarterly earnings of $0.34 per share, matching the Zacks Consensus Estimate, but down from $0.36 per share a year ago [1] - The company achieved revenues of $2.84 billion for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 3.34% and up from $2.16 billion year-over-year [2] - Shopify shares have increased approximately 62.7% year-to-date, significantly outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $3.46 billion, and for the current fiscal year, it is $1.45 on revenues of $11.25 billion [7] - The estimate revisions trend for Shopify was favorable prior to the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Internet - Services industry, to which Shopify belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]