Bill Holdings Inc Expected To Post Earnings Of 46 Cents A Share: Earnings Preview

BILL Holdings

20/08/2024 21:09

* BILL Holdings Inc  BILL.N   BILL.K  is expected to show a
rise
in quarterly revenue when it reports  results on August 22 for
the period ending June 30 2024
    * The San Jose California-based  company is expected to
report a
10.7% increase in revenue to $327.634 million from $295.98
million a year ago, according to the mean estimate from 22
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$320.00 million and $330.00 million.
    * ​LSEG's mean analyst estimate for BILL Holdings Inc is for
earnings of 46 cents per share. The company's EPS guidance on
May 2 2024, for the period ended June 30, was between $0.41 and
$0.49 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BILL
Holdings Inc
is $70.00​, above​ its last closing price of $50.78. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD40
million and USD50 million.The company's guidance on May 2 2024
for the period ended June 30 was for gross profit margin of
USD84%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.54        0.53       0.60      Beat    13.1
 Dec. 31 2024  0.40        0.40       0.63      Beat    57
 Sep. 30 2023  0.51        0.50       0.54      Beat    8.2​
 Jun. 30 2023  0.41        0.41       0.59      Beat    43.8
 ​​Mar.        0.24        0.24       0.50      Beat    109.1
 31 2023                                                
 Dec. 31 2022  0.14        0.13       0.42      Beat    212.9​
 Jan. 1 0001   0.06        0.06       0.14      Beat    140.6
 Jun. 30 2022  -0.14       -0.14      -0.03     Beat    77.8
 This summary was machine generated August 20 at 20:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)