Shopify (SHOP) option IV at 200 into quarter results and outlook

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Shopify (SHOP) Misses Q1 EPS by 80c, Revenues Misses

May 5, 2022 7:13 AM EDT

Shopify (NYSE: SHOP) reported Q1 EPS of $0.20, $0.80 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.6 billion.

GUIDANCE:

For 2022, the expect:

Year-over-year revenue growth to be lower in the first half and highest in the fourth quarter of 2022, as the COVID-triggered acceleration of ecommerce in the first half of 2021 from lockdowns and government... More