Shopify (SHO) to Release Quarterly Earnings on Tuesday

Shopify (TSE:SHO) will announce its earnings results before the market opens on Tuesday, November 12th. Analysts expect Shopify to post earnings of C$0.37 per share for the quarter.

Shopify Price Performance

Analysts Set New Price Targets

SHO has been the subject of several recent analyst reports. Argus raised shares of Shopify to a “strong-buy” rating in a research note on Thursday, August 8th. Evercore ISI raised Shopify from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 8th. Redburn Atlantic upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 17th. Cantor Fitzgerald raised Shopify to a “hold” rating in a research note on Thursday, September 5th. Finally, Wolfe Research raised shares of Shopify to a “strong-buy” rating in a research note on Tuesday, July 16th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and five have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Shopify currently has a consensus rating of “Buy”.

About Shopify

Sunstone Hotel Investors, Inc is a lodging real estate investment trust (“REIT”) that as of the date of this release has interests in 19 hotels comprised of 9,997 rooms. Sunstone’s business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.