Shopify Inc. (NASDAQ:SHOP) will release earnings for its first quarter before the opening bell on Tuesday, May 5.
Analysts expect the Ottawa, Canada-based company to report quarterly earnings of 33 cents per share. That’s up from 25 cents per share in the year-ago period. The consensus estimate for Shopify’s quarterly revenue is $3.09 billion (it reported $2.36 billion last year), according to Benzinga Pro.
On Feb. 11, Shopify reported better-than-expected fourth-quarter revenue and also authorized a $2 billion stock buyback.
Shares of Shopify fell 0.1% to close at $127.55 on Monday.
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