Benzinga | Jul 28, 2021 07:05AM EDT

Shopify Q2 Adj. EPS $2.24 Beats $0.96 Estimate, Sales $1.12B Beat $1.04B Estimate

Shopify (NYSE:SHOP) reported quarterly earnings of $2.24 per share which beat the analyst consensus estimate of $0.96 by 133.33 percent. This is a 113.33 percent increase over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $1.12 billion which beat the analyst consensus estimate of $1.04 billion by 7.60 percent. This is a 56.65 percent increase over sales of $714.34 million the same period last year.