Wall Street analysts expect BILL Holdings (BILL) to post quarterly earnings of $0.69 per share in its upcoming report, which indicates a year-over-year increase of 30.2%. Revenues are expected to be $429.71 million, up 12.1% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain BILL Holdings metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus estimate for 'Revenue- Interest on funds held for customers' stands at $34.36 million. The estimate points to a change of -8.1% from the year-ago quarter.
Analysts expect 'Revenue- Subscription and transaction fees' to come in at $396.01 million. The estimate indicates a change of +14.5% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Subscription and transaction fees- Subscription fees' should arrive at $76.11 million. The estimate indicates a change of +10.6% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Subscription and transaction fees- Transaction fees' will likely reach $319.41 million. The estimate suggests a change of +15.3% year over year.
BILL Holdings shares have witnessed a change of +14.9% in the past month, in contrast to the Zacks S&P 500 composite's +3.8% move. With a Zacks Rank #4 (Sell), BILL is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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