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Earnings Preview: What To Expect From Shopify On Tuesday

Shopify is expected to report a loss of ($0.07)/share on $143.51 million in revenue. Meanwhile, the so-called Whisper number is a loss of ($0.05).

Shopify Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 15, 2016. U.S. stocks advanced, with the major equity indexes headed toward fresh all-time highs, amid deal activity and as crude oil extended gains to boost commodity producers. Photographer: Michael Nagle/Bloomberg

Shopify Inc. is scheduled to release earnings before Tuesday's open. The stock just hit a record high of $100.80/share in and is currently trading near $93/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

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Earnings Preview:

Shopify is expected to report a loss of ($0.07)/share on $143.51 million in revenue. Meanwhile, the so-called Whisper number is a loss of ($0.05). The Whisper number is the Street's unofficial view on earnings.

Company Profile & Various Businesses:

Here is a brief company profile courtesy of Thomson Reuters Eikon:

Shopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites. Its merchants are able to offer their customers the ability to check out by using Apple Pay.