What's Going On With Shopify Stock Monday?

Shopify Inc. (NYSE:SHOP) shares are trending and moving higher on Monday. The company is due to release earnings before the market opens on Tuesday. Here’s what you need to know.

What To Know: Shopify is expected to release third-quarter financial results before the opening bell on Tuesday. Analysts anticipate earnings per share of 27 cents and revenue of $2.11 billion, per estimates from Benzinga Pro. Revenue in the comparable quarter came in at $1.71 billion.

In the second quarter, Shopify surpassed analyst estimates for revenue and earnings per share. The company reported earnings per share of 26 cents, beating analyst estimates of 20 cents, and revenue of $2.04 billion, beating analyst ...