BILL Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• BILL Holdings Inc BILL.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of twenty three analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 35 cents to 43 cents per share.

• Revenue rose 11.5% to $383.35 million from a year ago; analysts expected $376.17 million.

• BILL Holdings Inc's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of $7.07 million.

• BILL Holdings Inc shares had fallen by 12.2% this quarter and lost 52.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% 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 13 "strong buy" or "buy," 12 "hold" and no "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 $55.00, about 24.3% above its last closing price of $41.63

This summary was machine generated from LSEG data August 28 at 12:01 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)