Bigcommerce Holdings Inc expected to post earnings of 5 cents a share - Earnings Preview

Commerce.com

20/02/2024 14:01

* Bigcommerce Holdings Inc  BIGC.OQ   BIGC.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
22 for the period ending December 31 2023
    * The Austin Texas-based  company is expected to report a
12.4% increase in revenue to $81.444 million from $72.43 million
a year ago, according to the mean estimate from 15 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Bigcommerce Holdings Inc
is
for earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 13
"hold" and no "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 $11.00​, above​ its last closing price of $8.65.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  -0.13       -0.13      -0.07     Beat    44.7​
 Dec. 31 2022  -0.18       -0.19      -0.10     Beat    47.2
 ​​Sep.        -0.21       -0.21      -0.15     Beat    29.2
 30 2022                                                
 Jun. 30 2022  -0.24       -0.24      -0.19     Beat    20​
 Mar. 31 2022  -0.18       -0.18      -0.18     Met     -2.8
 Dec. 31 2021  -0.13       -0.12      -0.17     Missed  -36.2
 This summary was machine generated February 20 at 14:01 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)