* BILL Holdings Inc 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
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