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3 TSX Stocks That Destroyed Earnings Estimates

There were a lot of surprises this week with  TSX stocks. For once, it was mainly good news! A wash of earnings reports came in, and there were some companies that not only performed well in the last quarter, but smashed earnings estimates. Yet with so many options, here are three that I would pay attention to. Shopify stock Shopify Inc. (TSX:SHOP)(NYSE:SHOP) saw shares jump 12% in just a day after reporting strong earnings that beat out analyst estimates. The company traded around $1,400 per share, but has since been trading well into the $1,500s as of writing. Shopify stock produced US$1.26 billion in net profit for their first quarter, crushing any analyst consensus. This came in part from the pandemic, of course, but a lot of this will continue to be recurring revenue. Revenue itself jumped 110% year over year as well, and now has about US$8 billion in cash on its balance sheet.

Friday s analyst upgrades and downgrades - The Globe and Mail

Friday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Two innovative biofuel project proposed for Prince George - PrinceGeorgeMatters com

Sustane s plant in Chester, Nova Scotia. Sustane Technologies Prince George may become home to two innovative green technology projects, as a pair of proposed biomass and biofuel plants are being considered for the city. Canfor, Canfor Pulp and Paper and Licella, an Australian company, are behind a joint venture called Arbios Biotech which would use post-consumer biomass to produce advanced biofuels. Arbios is also working on integrating its technology with a Nova Scotia-based company called Sustane who have developed a new recycling process for municipal waste that diverts waste from landfills and transforms it into clean fuel products and recyclable materials.

Monday s analyst upgrades and downgrades - The Globe and Mail

Monday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Friday s analyst upgrades and downgrades - The Globe and Mail

Friday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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