Bill Holdings Inc Reports Results For The Quarter Ended In December: Earnings Summary

BILL Holdings

08/02/2024 23:23

* BILL Holdings Inc  BILL.N  reported quarterly adjusted
earnings
of 63 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 42 cents.  The mean expectation of twenty
four analysts for the quarter was for earnings of 40 cents per
share. Wall Street expected results to range from 27 cents to 45
cents per share.
    * Revenue rose 22.5% to $318.50 million from a year ago;
analysts
expected $298.14 million. 
    * BILL Holdings Inc's reported EPS for the quarter was a
loss
of 38 cents​.
    * The company reported a quarterly loss of $40.42 million.
    * BILL Holdings Inc shares had fallen by 8.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for BILL Holdings Inc
is $89.00 
This summary was machine generated from LSEG data February 8 at
11:23 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.40           0.63           Beat
 Sep. 30 2023      0.50           0.54           Beat
 Jun. 30 2023      0.41           0.59           Beat
 Mar. 31 2023      0.24           0.50           Beat