Bigcommerce Holdings Inc expected to post earnings of 3 cents a share - Earnings Preview

Commerce.com

30/07/2024 19:36

* Bigcommerce Holdings Inc  BIGC.OQ   BIGC.O  is expected
to show
a rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The Austin Texas-based  company is expected to report a
7.5% increase in revenue to $81.084 million from $75.44 million
a year ago, according to the mean estimate from 12 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Bigcommerce Holdings Inc
is
for earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"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 Bigcommerce
Holdings Inc is $9.00​, above​ its last closing price of $8.12.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.04        0.04       0.06      Beat    65.2
 Dec. 31 0001  0.05        0.05       0.09      Beat    91.8
 Sep. 30 2023  -0.02       -0.03      0.01      Beat    138.4​
 Jun. 30 2023  -0.09       -0.09      -0.02     Beat    78.2
 ​​Mar.        -0.13       -0.13      -0.07     Beat    44.7
 31 2023                                                
 Dec. 31 2022  -0.18       -0.19      -0.10     Beat    47.2​
 Sep. 30 2022  -0.21       -0.21      -0.15     Beat    29.2
 Jun. 30 2022  -0.24       -0.24      -0.19     Beat    20
 This summary was machine generated July 30 at 18:36 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)