Q: Hi 5i
Another question on shopify... Earnings next week....What is expected and do you expect they will meet these earnings expectation?
Are you comfortable holding into earnings.... and would you expect any influence from Afrms positive results today Friday Feb 07
thx
Another question on shopify... Earnings next week....What is expected and do you expect they will meet these earnings expectation?
Are you comfortable holding into earnings.... and would you expect any influence from Afrms positive results today Friday Feb 07
thx
5i Research Answer:
SHOP has a partnership with AFRM and the read through should be a new positive, but not hugely so because of the size differences of the two companies. Estimates 43c and $2.73B revenue. SHOP has beaten estimates in eight straight quarters and we would not expect a miss. We would be comfortable holding into earnings.