Will Shopify Beat Estimates Again in Its Next Earnings Report?

Shopify (SHOP) is a standout in the Zacks Internet – Services industry, consistently surpassing earnings expectations. Investors are eager to see if this trend will continue in the upcoming earnings report.

Shopify’s Impressive Earnings Streak

Shopify has an impressive track record of beating earnings estimates. Over the last two quarters, it achieved an average earnings surprise of 31.67%.

• Most recent quarter: Expected earnings were $0.27 per share, but Shopify reported $0.36, a 33.33% surprise.
• Previous quarter: Consensus estimates were $0.20 per share, yet Shopify delivered $0.26, a 30% surprise.

Positive Earnings Momentum

Recent analyst estimates for Shopify have trended upward. This optimism is reflected in Shopify’s Zacks Earnings ESP (Expected Surprise Prediction), which is currently +23.08%.

A positive Earnings ESP is a key indicator of potential earnings surprises. Combined with Shopify’s Zacks Rank #3 (Hold), this metric suggests the company may outperform expectations again.

Why Earnings ESP Matters

The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate. It highlights late revisions by analysts, often based on the latest data.

Stocks with both a positive Earnings ESP and a Zacks Rank #3 or better beat estimates nearly 70% of the time.

What to Expect from Shopify’s Next Report

Shopify’s +23.08% Earnings ESP shows strong near-term earnings potential. If this momentum continues, another earnings beat could be imminent.

Key Considerations for Investors

• A positive Earnings ESP increases the chances of an earnings beat.
• A negative ESP doesn’t guarantee a miss but lowers the predictive power.
• Companies that beat estimates may not always see immediate stock gains.

Maximize Your Investment Strategy

Use tools like the Zacks Earnings ESP Filter to identify top stocks poised to beat estimates.

Stay tuned for Shopify’s upcoming report and see if its earnings streak persists. For now, Shopify remains a stock to watch in the Internet-Services industry.