Bill Holdings Inc Expected To Post Earnings Of 53 Cents A Share: Earnings Preview

BILL Holdings

30/04/2024 22:09

* BILL Holdings Inc  BILL.N   BILL.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The San Jose California-based  company is expected to
report a
12.3% increase in revenue to $306.016 million from $272.56
million a year ago, according to the mean estimate from 23
analysts, based on LSEG data.The company's guidance on February
8 2024, for the period ended March 31, was for revenue between
$299.00 million and $309.00 million.
    * ​LSEG's mean analyst estimate for BILL Holdings Inc is for
earnings of 53 cents per share. The company's EPS guidance on
February 8 2024, for the period ended March 31, was between
$0.48 and $0.57 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for BILL
Holdings Inc
is $82.00​, above​ its last closing price of $62.36. ​​​

The company's guidance on February 8 2024 for the period ended
March 31 was for Capital Expenditures between USD7 million and
USD9 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.24        0.24       0.50      Beat    109.1
 ​​Dec.        0.14        0.13       0.42      Beat    212.9
 31 2022                                                
 Sep. 30 2022  0.06        0.06       0.14      Beat    140.6​
 Jun. 30 2022  -0.14       -0.14      -0.03     Beat    77.8
 Mar. 31 2022  -0.16       -0.16      -0.08     Beat    49
 This summary was machine generated April 30 at 21:09 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)