Unusual Options Activity Fri 8/2/24

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• HOOD Weekly Aug02 19.5 calls are seeing interest with the underlying stock down 10% (volume: 2.5K, open int: 80, implied vol: ~95%, prev day implied vol: 68%). Co is confirmed to report earnings August 7 after the close.
• GME Weekly Aug09 22 calls (volume: 6.9K, open int: 5.4K, implied vol: ~82%, prev day implied vol: 66%).  Projected U.S. spending on video game hardware, content and accessories fell -5% yr/yr to $4.6B in June 2024, according to Circana. Co is expected to report earnings early September.
• KVUE Aug 21 calls (volume: 28.5K, open int: 39.5K, implied vol: ~38%, prev day implied vol: 32%). 1720 contracts traded in a single transaction. Co is confirmed to report earnings August 6 before the open.
  

Bearish Put Activity:

• SHOP Weekly Aug02 54 puts are seeing interest with the underlying stock down 7% (volume: 10.9K, open int: 8.1K, implied vol: ~68%, prev day implied vol: 55%). Co is expected to report earnings early August
• SNAP Weekly Aug09 9 puts are seeing interest with the underlying stock down 27% (volume: 6.9K, open int: 1.7K, implied vol: ~60%, prev day implied vol: 54%). 2000 contracts traded in a single transaction. Co reported earnings last night and is expected to report its next quarterly earnings report late October.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.92, VIX: (25.33, +6.74, +36.6%).

==Shopify (SHOP) reported earnings on Wed 8 May 24 (b/o)

 

Shopify beats by $0.03, reports revs in-line

• Reports Q1 (Mar) earnings of $0.20 per share, excluding non-recurring items, $0.03 better than the FactSet Consensus of $0.17; revenues rose 23.4% year/year to $1.86 bln vs the $1.84 bln FactSet Consensus.
• Q2 revenue expected to grow in the high-teens yr/yr, which translates into a year-over-year growth rate in the low-to-mid-twenties when adjusting for the 300 to 400 basis points impact from the sale of logistics businesses; Gross margin for Q2 is expected to decrease by approximately 50 basis points compared to Q1 2024; and Free cash flow margin to be similar to Q1 2024 free cash flow margin.

Earnings this week : May 6 - 10, 24 (wk 19)

Monday (May 6)

• Morning: AMG AMR AESI BCRX BNTX CNA FRPT IART JLL KRYS MFA MODN NSSC NWN PRFT SAVE SHO THS TSN
• Afternoon: ADUS ADTN ACM AL ATSG AXON BRBR BCC BYON BWXT CBT COHR COTY DOOR EVER FN FIS FMC GBDC GT HIMS IFF  JELD JJSF LCID LITE VAC MTTR MCHP MWA NHI NE OGS OTTR PLTR PAY PLYA PRAA PRI PRA O RRX RKLB RXST SAFE SWAV SPG SYM SNCY TALO TDC AAN TVTX TBI UCTT VRNS VRTX VMEO VNO WMB ZETA 

Tuesday (May 7)

• Morning: AHCO APLS ARMK ATKR AVNT BAND BLD BLDR BLMN BP BSY CEIX CELH CROX DDOG DIS  DK DORM DUK EHTH ENR ERJ EVGO EXPD FTRE FWRG GFS GOGO GOLF GTN HLMN HR HSIC IONS ITCI J JMIA KLG  KNF KVUE MD MDGL MKTX NJR NOVT NPO NRG OSCR PINC PRGO PTLO ROK RYTM SCSC SGRY SPR SQSP SRE TDG TPX TWKS VVX  WAT WOW 
• Afternoon: ABCL ADPT AGL AGO AIZ ALAB ALGT ALTM AMRC ANDE ANET ANGI AOSL ASTH ATEC AWR AZPN BBDC BHF BIO BL BROS BRP CDRE CERT CFLT CHRD CPNG CRC CRSR CRUS CYRX DEI DH DV EA ENV EOLS FLYW GMED GO GPRO GXO HALO IAC ICHR ICUI INGN INSP INTA IPAR IRBT JKHY JOBY KD KTOS LAZR LGND LOPE LPRO LYFT LZ MASI MCK MGY MLNK MQ MRCY MTCH MTW MYGN NRDY NVRO ODD OLO OVV OXY PCRX PEN POWI PR PRO PUBM PWSC QLYS RDDT RDFN RGR RIVN  RNG RPD RRR RVLV SHLS SONO SPCE STAA SWIM TMCI TOST TRIP TWLO UIS UPST USPH VCYT VECO VTEX WYNN ZI

Wednesday (May 8)

• Morning: ACMR AFRM ALIT ASC ATHM AVDL AVDX BCO BR BUD CHH CLVT DIBS DIN DINO EDIT ELAN EMR EPC EVRI EYE FOXA FREY GENI GFF HAIN HLLY IMXI INGR INSW KMT KRNT LCII LPX MCFT MIDD NFE NI NYT ODP PAYO PERI PFGC PRKS RCM RDWR REYN SATS  SHOP SMRT SNDX SPNS STWD SUN SWX TBLA TEVA TGNA TPG UBER VCEL VERX VRDN VSH VVV WWW YOU
• Afternoon: ABNB ACAD ACVA AMC APP ARM ASLE ATO AZEK AZTA BGS BKH BMBL BYND CAKE CART CDLX CE COOK CPAY CPK CXT CXW CYTK DOX DUOL ECPG EGHT ESTA ET EXAS FLNC FNF FSK FWRD GNK HL HLI HLIO HMN HOOD HPK HUBS IIPR INST IONQ JAMF JRVR JXN KGS KNTK KVYO KW KYTX LESL LNW METC MGNI MKSI MMS MNKD MODG MRC MRVI NUS NWSA ORA OSUR PETQ PRIM PRTA PYCR QDEL QNST RCUS RDNT RGLD RGNX RUN RVMD SBGI SBRA SEDG SITM SLF STE STKL STR SUPN TKO TTD TTEC VSTO VTLE VZIO WES WTS ZD

Thursday (May 9) 

• Morning: AHH ALE ALGM BERY BIGC CAMT CARS CCOI CEG CEVA CRL CRNC CSIQ CWEN DNUT EDR EMBC EPAM EVRG FA FOLD FOUR FVRR GDRX H HAE HBI HGV HIMX IBP IMOS INSM IRWD JBI LFST MPW MRSN MSGE NABL NOMD NTCT NTLA NVMI NXST PAR PLNT PLTK PLUG PRVA PZZA RBLX SBH SIX SN SPB STNG STVN TGLS TNK TPR TSEM USFD VTRS VYX WBD WMG WRBY XMTR YETI
• Afternoon: AAOI ADMA AKAM ALRM AMN AMPL ARLO ARRY ARWR AVPT BE BLNK BW CARG CDNA CHUY CLNE CLSK COLD COLL CRNX DBX DIOD ESE EVCM EVH EXFY FIGS FNKO FROG G GDOT GEN GH HCAT HRB IAS INDI IOSP IOVA LAW MARA MERC MTD MTUS NTRA NVTS ONTO PACB PGNY PODD RPAY RVNC RXRX RXT SG SKIN SOUN SSP SVV SYNA TREX TTGT U VCTR VTYX WEST XENE YELP ZIP

Friday (May 10)

• Morning: AMCX ANIP CLMT DNOW DOCN ROAD SLVM
• Afternoon: HE

Unusual Options Activity, Thur 5/11/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• FUBO May 2 calls (volume: 5770, open int: 9650, implied vol: ~229%, prev day implied vol: 182%). 5K traded in a single transaction. Co is expected to report earnings mid-August.
• PLX Aug 3 calls are seeing interest with the underlying stock down 11% (volume: 2030, open int: 240, implied vol: ~87%, prev day implied vol: 71%). Co is expected to report earnings mid-August.
• ASRT Jan24 12 calls are seeing interest with the underlying stock up 5% (volume: 5540, open int: 5090, implied vol: ~81%, prev day implied vol: 66%). 5400 contracts traded in a single transaction. Co is expected to report earnings early August.
  

Bearish Put Activity:

• HRZN Jun 10 puts (volume: 1640, open int: 830, implied vol: ~82%, prev day implied vol: 71%). Co is expected to report earnings late August.
• SHOP May 62 puts (volume: 7010, open int: 3630, implied vol: ~45%, prev day implied vol: 41%). Co is expected to report earnings late July.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.96, VIX: (17.20, +0.26, +1.5%).
May 19 is options expiration -- the last day to trade May equity options.

=Shopify (SHOP) reported earnings on Wed 16 Feb 22 (b/o)

 

Shopify beats by $0.05, beats on revs 

• Reports Q4 (Dec) earnings of $1.36 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $1.31; revenues rose 41.1% year/year to $1.38 bln vs the $1.34 bln S&P Capital IQ Consensus.
• FY22 outlook:
  • Year-over-year revenue growth to be lower in the first quarter of 2022 and highest in the fourth quarter of 2022 due to three factors. First, we do not expect the COVID-triggered acceleration of ecommerce in the first half of 2021 from lockdowns and government stimulus to repeat in the first half of 2022. Second, our new terms with apps and theme developers cause two differences from last year's first quarter: the elimination of Shopify's rev share on partners' first million dollars of revenue annually reset on January 1st, and the shift from gross to net revenue recognition for the sale of themes as a result of revised contract terms with our theme partners. Since these terms didn't come into play until the second half of last year, these will be a headwind to Subscriptions Solutions revenue in the first half of 2022, particularly in the first quarter. And third, we expect certain commercial initiatives and sales and marketing investments will gain momentum over the course of 2022.
  • Subscriptions Solutions revenue growth to be driven by more merchants around the world joining the platform than in 2021, as we introduce new commercial initiatives and aggressively invest in sales and marketing to expand our addressable market and more deeply penetrate existing markets. Our objective in 2022 will be to optimize our efforts around getting more merchants on the platform and to success.
  • Merchant Solutions revenue growth to be more than twice the rate of subscription solutions revenue growth year-over-year, as merchants make greater use of our offerings, and as we expand existing products into new geographies and roll out newer features like Shopify Markets. The increase of Merchant Solutions in our overall revenue mix means gross profit dollar growth will trail revenue growth.
  • Lastly, for 2022, we anticipate capital expenditures of $200 million, stock-based compensation expenses and related payroll taxes of $800 million and amortization of acquired intangibles of $28 million.
    
• "We are leveraging our learnings to date to continue building simple and fast fulfillment. We are consolidating our network into larger facilities; we are shifting to operate more of them ourselves to better control quality and cost; and we are unifying the network by operationalizing our warehouse management system to highly integrate with Shopify's back office and checkout so merchants can seamlessly offer and achieve delivery promises. In conjunction with our updated, more direct approach, our expectations for Shopify Fulfillment Network revenue, operating expenses and capital expenditures will be incorporated in our overall Shopify outlook, as they are for 2022."

=Shopify (SHOP) reported earnings on Tue 29 Oct 19 (b/o)

Shopify misses by $0.39, reports adj. operating income and revenue above guidance; guides Q4 revs above consensus

Reports Q3 (Sep) loss of $0.29 per share, which seems to include a $48 mln capital gains tax, $0.39 worse than the S&P Capital IQ Consensus of $0.10; revenues rose 44.6% year/year to $390.6 mln vs the $383.82 mln S&P Capital IQ Consensus; adj. operating income $10.5 mln vs. $0-3 mln guidance

Subscription Solutions revenue grew 37% to $165.6 million. This increase was driven primarily by growth in Monthly Recurring Revenue, largely due to an increase in the number of merchants joining the Shopify platform. Merchant Solutions revenue grew 50%, to $225.0 million, driven primarily by the growth of Gross Merchandise Volume. MRR as of September 30, 2019 was $50.7 million, up 34%. GMV for the third quarter was $14.8 billion, an increase of $4.8 billion, or 48%.

Co issues upside guidance for Q4, sees Q4 revs of $472-482 mln vs. $470.99 mln S&P Capital IQ Consensus; adj. operating income $10-20 mln.

"More than a million merchants are now building their businesses on Shopify, as more entrepreneurs around the world reach for independence," said Tobi Ltke, Shopify's CEO. "These merchants chose Shopify because we're making entrepreneurship easier, and we will continue to level the playing field to help merchants everywhere succeed." "Our strong results in the quarter were driven in part by the success of our international expansion, which is just one of the many ways we are investing in the platform," said Amy Shapero, Shopify's CFO. "By carefully balancing these multiple opportunities that have different investment time horizons, we can keep investing in the innovations that will power merchants in the future while helping them grow rapidly today."

Earnings this week : Oct 28 - Nov 1, 19 (wk 44)

Monday (Oct 28)

• Morning: AMG AWI T AVX CTB L PHG QSR SPOT WBA
• Afternoon: AKAM AMKR APPF ARE AVB BLKB BRO BRX BYND CGNX CR CVCO EHC GDI GOOG/L HLIT HTA HTLF INST JBT LEG MEDP NOV NXPI OFC OFIX OGS OI OMF PCH RE RIG ROIC SANM SBAC SSB SSD TBI TCF TMUS TREX TRTX TXRH VNO VRNS WCN WELL WIRE XPO  GRUB

Tuesday (Oct 29)

• Morning: AGCO AN AOS ASTE BP BTU CEQP CIGI CMI CNX CNXM COP CVLT DBD ECL EME ETN EXLS FDP FELE FMS GLT GLW GM  HCA HSC HUBB HZO I INCY IPGP IR IRDM K KKR LDOS LNN MA MLM MMC MRK NEO PAG PFE R SHOO SHOP SLCA SMPL SPGI TECH THRM VSH WAT WDR WH XRX ZBRA
• Afternoon: ACCO ACGL ADSW AFG AGR AJRD ALL AM AMD AMED AMGN APAM AR ATEN ATGE AX AXS BGFV BVN BXP CAI CAKE CB CCS CHE CHRW CXO CYH DENN DLR EA EIX ENPH EPR EQC EXAS EXR FCF FCPT FEYE FMC FNF GNW HLF HURN HY IEX INVH IPHI KAI KBR LDL LSCC MAT MDLZ MDR MDU MGRC MOH MRCY MSTR MTDR MXIM NATI NBR NWE OKE OSPN PAYC PSA PSMT PTCT QUAD REXR RNR RPAI RRD RXN RYI SAM SGEN SILK SIMO SXI SYK SYX TCO TCS TENB TX UDR UIS UMBF UNM VNOM VRSK WRI YUMC ZEN

Wednesday (Oct 30)

• Morning: AAWW ADP AIT APTV ARCC AXE BDC BG BKR CBZ CIM CLH CME CROX CRTO DAN DIN EAT ETR EXTR FLOW GE GLOP GRMN HEP HES HPP HTLD INSM IQV JHG KFRC LECO LFUS LHX LIVN MAS MCK MCO MDCO MLCO NI NMRK NVT NYCB ORBC OSK RCL SAIA SC SF SITC SITE SMP SNE SO SPG ST SUM TAP TEL TMHC TNC TUP UMC UTHR WCG WING WYND YUM
• Afternoon: AAPL ACA ACAD ADTN AEGN AGI AGNC AKS ALEX ALSN APA ARES ATRC AWK AXTI AZPN BFAM BLDP BOOT CACI CATM CERS CF CHDN CHEF CLI CLR CMPR CNMD CNXN COLM CONE CREE CRUS CRY CSGS CTSH CW DCO DDD DRE DT ECOL EGHT EGOV ELY ENSG EQIX ETSY EVTC EXEL FARO FB FLS FORM FOXF FRT H HABT HCC HCP HTGC HUBG HVT IMMU INOV INT KLAC KW LM LNC LSI LYFT MAA MANT MASI MC MDC MDR MEOH MET MGM MLNX MMSI MSI MUSA MYRG NE NGHC NLY NR NUVA OII OLED PCTY PDM PKI PPC PRAH PS PVG QDEL QGEN QLYS RBBN RDN REG RGA ROG RPT RSG RTRX RWT RYN SBUX SCI SFM SIGI SKT SKY SKYW SOI SPWR SPXC SRI STAG SU SWI TDOC TEX THG TKR TREE TRMB TS TTMI TWLO TYL UCTT VIAV VRTX WDC WHD WMB WPX WTI WTS ZNGA

Thursday (Oct 31)

• Morning: AAON ABMD ADM AGIO AKRX ALNY AMCX AME AMT APO APRN ARD ARW ATI AVP BCE BLD BLL BMY BWA CDW CFR CFX CG CHD CI CLX CNSL COR CPG CRAI CRC CTVA CVE CWT DD DLPH DNKN ECA EIGI EL EQT EXC EXP FCAU FLIR FLR FLWS FSS GIL GNRC GOLF GPN HBI HFC HGV HMHC ICE IDA IDCC IDXX IMAX INGR IP IRM IRWD IT ITGR KHC LAZ LITE LKQ LNTH LXRX MAC MGPI MIXT MMP MNTA MO MPC MPLX MPW MSCI MSG MUR NEWM NNN NTCT NTLA NVCR OSB PBF PBFX PBH PEG PENN PH PQG PWR RDS.A RFP RGEN SABR SILC SIRI SNDR SNY SPAR SPR SRCL STAR STFC STOR SYNH TEN TFX TPH TPX TRI W WAB WCC WEX WLTW WRLD WWE XHR XYL YETI YRCW ZIXI
• Afternoon: ACLS AIV AMN ANET APPN ARCB ATR AYX BGS BIO BLDR BRKR CAR CASA CPT CWST ERII FNKO FTAI FTNT GLPI GPOR HTH JCOM LOCO LYV MELI MERC MINI MOBL MRC MTX MTZ NFG NPTN OEC OLN OTEX PDFS PINS PMT QRVO RMAX SEM SHLX SM SSNC TDS TGH USM VICI VSAT WU X 

Friday (Nov 1)

• Morning: ABBV ABR AIG AMAG ASIX AXL BABA BAH BGG CBOE CCJ CL CVX D FND FTS GSHD HAE HE HMSY HRC IBP IMGN IMO ITT LNG LYB MD MGI MGLN MOG.A NWL OPI PBA PNM POR ROLL RUTH SRE STX TPB TRP USX WOW WPC XENT XOM

Notable earnings reports:

• Alphabet (NASDAQ:GOOGL), Spotify (NYSE:SPOT), Beyond Meat (NASDAQ:BYND), AT&T (NYSE:T), NXP Semiconductors (NASDAQ:NXPI) and Walgreens Boots Alliance (NASDAQ:WBA) on October 28; 
• Shopify (NYSE:SHOP), AMD (NASDAQ:AMD), Electronic Arts (NASDAQ:EA), (NXPI), General Motors (GM), Mattel (NASDAQ:MAT), Mastercard (NYSE:MA), FireEye (NASDAQ:FEYE) and ConocoPhillips (NYSE:COP) on October 29; 
• Apple (NASDAQ:AAPL), Facebook )FB), Lyft (NASDAQ:LYFT), Sony (NYSE:SNE), Yum Brands (NYSE:YUM), Starbucks (NASDAQ:SBUX), General Electric (NYSE:GE) and Twilio (NYSE:TWLO) on October 30; 
• Pinterest (NYSE:PINS), Altria (NYSE:MO), Wayfair (NYSE:W), Kraft Heinz (NASDAQ:KHC ) and MercadoLibre (NASDAQ:MELI) on November 1; Alibaba (NYSE:BABA), AbbVie (NYSE:ABBV), ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX) and U.S. Steel (NYSE:X) on November 1. 

-=Shopify (SHOP) reported Q2 earnings on Tue 31 July 2018 (b/o)

Shopify beats by $0.04, beats on revs; guides Q3 revs in-line; raises FY18 revs, in-line

• Reports Q2 (Jun) earnings of $0.02 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus of ($0.02); revenues rose 61.5% year/year to $245 mln vs the $234.72 mln Capital IQ Consensus. Subscription Solutions revenue grew 55% to $110.7 million. This increase was driven primarily by growth in Monthly Recurring Revenue1 ("MRR"), driven primarily by an increase in the number of merchants joining the Shopify platform. Merchant Solutions revenue grew 68% to $134.2 million, driven primarily by the growth of Gross Merchandise Volume2 ("GMV"), as well as by strong growth in Shopify Capital and Shopify Shipping, each of which more than doubled revenue over last year's second quarter. MRR as of June 30, 2018 was $35.3 million, up 49% compared with $23.7 million as of June 30, 2017. Shopify Plus contributed $8.1 million, or 23%, of MRR compared with 18% of MRR as of June 30, 2017. GMV for the second quarter was $9.1 billion, an increase of $3.3 billion, or 56%
• Co issues in-line guidance for Q3, sees Q3 revs of $253-257 mln vs. $253.42 mln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY18, raises FY18 revs to $1.015-1.025 bln from $1.00-1.01 bln vs. $1.02 bln Capital IQ Consensus Estimate.

Earnings this week : July 30 - Aug 3, 18 (wk 31)

The earnings onslaught continues this week. More than 140 S&P 500 companies, including Apple Inc (AAPL), will report earnings:

Monday (July 30)

• Morning: USFD  SOGO CRCM  CAT SPG FDC STX L CNA ON AER
• Afternoon: RRC AKS  ILMN AVB SBAC KLAC VNO ARE UDR LOGI SCI ATHN RIG ALSN CHGG NTRI   APPF

Tuesday (July 31)

• Morning: LL SNE HMC PFE PG SNY CHTR AMT ECL SHPG FIS ETN JCI ADM APTV CMI WEC HRS SHOP FTS AME VMC INCY ERJ IPGP XYL MAS WCG RL ARNC SERV HUN
• Afternoon: AAPL BIDU JHG  BGFV CLS APC FISV OKE DVN IQ   SEND  TCS VRSK FE AKAM FANG CHRW ACGL EXR HOLX DOX NBIX H ULTI QGEN WGP WES TRQ CACC TX PAYC MOH DEI ZEN P MB COHR PZZA   ES BXP VRSK FE AKAM CHRW ACGL  HOLX DOX NBIX H ULTI WGP QGEN WES CACC TRQ TX DEI MOH PAYC ZEN NFX MDU ENLK ASH OLN WLL SMG COHR QLYS MDR TEX AMED NUVA ENLC RPAI STAG CAKE REXR CPS RRR GNW ROG SKT NBR MRCY SIMO P APAM MB EVTC LADR MATX MGRC QUOT MTSI HCLP QSII ARCB WNC YRD QUAD HY WIRE CRAY HURN NANO HBM LDL GLUU UIS BAND ENPH MOBL CAI HVT ZAGG FTR LNDC SOI  ZIXI AMSC

Wednesday (Aug 1)

• Morning: DBD  EPD ADP D HUM EXC PEG RACE ICL S IDXX QSR ETR TAP IT GRMN SPR BG NI CDK HBI CZR CRTO SODA   GLPI ARCC NNN GIB LFUS LIVN UTHR HPP AN CHK NSP UNVR ENR CIM SITE AVA GNRC HEP FUN CLH VG UFS MDCO SUM BDC BPMC CG  TMHC AMC DM FLOW SAIA RDC KLIC WD NSIT MTOR BCOR PBI MDC SSTK STRA DIN EGL CPLA RDWR SSYS KFRC ARII CSWI THR NVMI AMRN GPRE KEYW GLDD EMES  

• Afternoon: TSLA TMUS MET ESRX NTR ALL SQ WMB TS MRO WYNN APA AWK ESS LNC YUMC DVA NLY XPO FMC FTNT MAA CF QRVO EXAS X TDOC ZNGA FEYE CRUS PS   PRU PSA ALL CXO SQ WMB TS    O  LNC YUMC XPO NLY DVA  AFG UGI FRT TRMB PKI VOYA DXCM MAC HLF TRIP WPX EXAS PRAH WTR AR X PK EXEL VVC CONE THG MASI GMED HUBS ARRS STMP RYN CMPR LSI PPC VVV AGO SGMS  APU MTDR CHDN PGRE AMGP SIGI CNO TTEK HGV  HI SM KW FEYE WTS LHCG  MUSA CLVS TROX KLIC TTMI IRTC CLI AXGN INOV NPO HUBG INN APTI PS FIT KRG LPSN

Thursday (Aug 2)

• Morning: BABA DWDP BDX AET CNQ DUK CTSH ICE CI ZTS REGN KDP YUM K TEVA RCL PH GGP GPN ABC MGM CLX CBRE MMP MSCI WRK DISH W

 ICE EXC BCE  WLTW ABC GPN  WLK CHD BLL HFC CDW TFX HCP HII NRG W ALNY WEX ENBL PF TDY INGR APO SEE EPAM ARW UBNT MZOR SCG PWR SHLX MIXT SYNH AGIO IDA INXN SNDR FND MD ALE SR GIL PAH CNX ROLL AMCX MFA VAC GEO SFM ICPT THS XHR CRS CCOI LCII ITGR RGEN ARES CBM EXLS HSC SBH AAON PNK PBH GOLF AROC IBP AAWW PCRX DNOW CJ BSIG GOV EEX MGPI GLOG CNXM CBZ ACOR CEIX NEWM NCI PRFT

• Afternoon: EOG ATVI AIG ED CBS ANET CERN MSI FLT CA BMRN TTWO SSNC SYMC GDDY ATUS DATA POST WING ACIA   CC 

 ACLS AGS AIG AIV ALEX AMH AMN ANET APPN ATH ATUS ATVI BFAM BGS BL BMRN BNFT BOJA BRKR BRS CARB CATM CBPX    CCS CERN CERS CNXN COHU CPSI CPT CRC CTRL CWST DATA DRH EBS ECOL ED EEP ELY ENSG EOG ERI ERII ESL EVC FCE.A FLR FLT FTAI GHDX GHL GKOS GPRO GSBD GTE HAYN HR HTA HTGC ICFI IMMR KTOS LNT LOCO MAIN MDCA MDRX MED MSI MTX MTZ NE NFG NUS NVRO OEC OR OTEX PACB PBA PDFS PMT PODD POST RARE REG RMAX RMD RP RTEC RYAM SEDG SEM SEP SHAK SPXC SRCL SRG SSNC SSTI STAR STRL SWIR SWN TDC TRUP TSE TSRO TTOO TTWO TVTY TWOU USX VICI VREX WAIR WEB WING WU XLRN Y

Friday (Aug 3)

• Morning: ABR AEE ASIX ATRO AXL BCPC BERY BPL CNP DISH EAF  ENB ESNT GTT HMSY HUD ITT  KHC LYB MGI  NBL   CBOE PNW RLGY  SSP  TDS  TRTN TWI  VER WPC   VRAY  GRPN USM 

       

Shopify (SHOP) reported earnings on Tue 1 Aug 2017 (b/o)

** charts before earnings **

** charts after earnings **

 

Shopify beats by $0.06, beats on revs; guides Q3 revs above consensus; raises FY17 above consensus; CFO will retire :

• Reports Q2 (Jun) adj. loss of $0.01 per share, $0.06 better than the Capital IQ Consensus of ($0.07); revenues rose 75.2% year/year to $151.7 mln vs the $143.94 mln Capital IQ Consensus. Within this, Subscription Solutions revenue grew 64% to $71.6 million. The acceleration in Subscription Solutions revenue growth was driven by the continued rapid growth in Monthly Recurring Revenue as another record number of merchants joined the platform in the period. Merchant Solutions revenue grew 86% to $80.1 million, driven primarily by the growth of Gross Merchandise Volume.
  MRR as of June 30, 2017 was $23.7 million, up 64% compared with $14.4 million as of June 30, 2016. Shopify Plus contributed $4.3 million, or 18%, of MRR compared with 13% of MRR as of June 30, 2016.
  GMV for the second quarter was $5.8 billion, an increase of $2.5 billion, or 74% over the second quarter of 2016. Gross Payments Volume3 ("GPV") grew to $2.2 billion, which accounted for 38% of GMV processed in the quarter, versus $1.3 billion, or 38%, for the second quarter of 2016.
  Gross profit dollars grew 83% to $86.8 million as compared with the $47.5 million recorded for the second quarter of 2016.
• Co issues upside guidance for Q3, sees Q3 revs of $164-166 mln vs. $157.03 mln Capital IQ Consensus Estimate; adj. operating loss $2-4 mln
• Co issues upside guidance for FY17, sees FY17 revs of $642-648 mln vs. $627.77 mln Capital IQ Consensus Estimate; adj. operating loss $7-11 mln
• Shopify's Chief Financial Officer Russ Jones has informed the Company and its Board of Directors of his decision to retire in 2018. Russ, who joined Shopify in 2011, intends to continue to serve as CFO until his successor is found and has transitioned into the role, a process that is now underway and that Shopify expects will be completed within the next 12 months.

Shopify (SHOP) reported Q1 earnings on Wed 4 May 2016 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Shopify beats by $0.03, beats on revs; guides Q2 revs above consensus; Raises FY16 revs gudiance above consensus :

• Reports Q1 (Mar) loss of $0.06 per share, ex items $0.03better than the Capital IQ Consensus of ($0.09); revenues rose 94.7% year/year to $72.7 mln vs the $66.89 mln Capital IQ Consensus.
  • Gross Merchandise Volume for the first quarter was $2.7 billion, an increase of 102% over the first quarter of 2015.
• Co issues upside guidance for Q2, sees Q2 revs of $79-81 mln vs. $74.74 mln Capital IQ Consensus Estimate; Expects Adjusted operating loss in the range of $6-7 mln.
• Co issues upside guidance for FY16, sees FY16 revs of $337-347 mln (Prior $320-330 mln) vs. $327.83 mln Capital IQ Consensus Estimate; Expects Adjusted net loss of $16-22 mln.