BILL Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• BILL Holdings Inc BILL.N reported quarterly adjusted earnings of 50 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of twenty three analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 35 cents to 43 cents per share.

• Revenue rose 10.9% to $358.22 million from a year ago; analysts expected $355.79 million.

• BILL Holdings Inc's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $11.59 million.

• BILL Holdings Inc shares had risen by 1.2% this quarter and lost 45.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 8 "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 $62.50

This summary was machine generated from LSEG data May 9 at 12:00 a.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)