Compared to Estimates, Shopify (SHOP) Q1 Earnings: A Look at Key Metrics

Shopify (SHOP) reported $1.86 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 23.4%. EPS of $0.20 for the same period compares to $0.01 a year ago.The reported revenue represents a surprise of +1.36% over the Zacks Consensus Estimate of $1.84 billion. With the consensus EPS estimate being $0.16, the EPS surprise was +25.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...