Bill Holdings Inc Reports Results For The Quarter Ended September 30: Earnings Summary

BILL Holdings

08/11/2024 21:04

* BILL Holdings Inc  BILL.N  reported quarterly adjusted
earnings
of 63 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 54 cents.  The mean expectation of twenty
three analysts for the quarter was for earnings of 50 cents per
share. Wall Street expected results to range from 48 cents to 66
cents per share.
    * Revenue rose 17.5% to $358.45 million from a year ago;
analysts
expected $348.86 million. 
    * BILL Holdings Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $8.91
million.
    * BILL Holdings Inc shares had risen by 24.9% this
quarter and
lost 19.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 76.00 
This summary was machine generated from LSEG data November 8 at
09:04 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
 Sep. 30 2024      0.50           0.63           Beat
 Jun. 30 2024      0.46           0.57           Beat
 Mar. 31 2024      0.53           0.60           Beat
 Dec. 31 2023      0.40           0.63           Beat