Q: Can you confirm when SHOP next reports. I think it's later this week. What is expected and what specifically does 5i expect? It seems to have fallen from your favourites list. Why? What's changed?
5i Research Answer:
SHOP reports pre-market Aug 7. EPS 20c, revenue $2.01B. We would expect slightly higher revenue but perhaps slightly lower EPS than that. We still like it, but in a volatile market with some consumer hesitation it is an expensive stock and not for everyone, especially risk-adverse investors.