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BILL Holdings (BILL) Reports Q4 Earnings: What Key Metrics Have to Say
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BILL Holdings (BILL - Free Report) reported $295.98 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 47.8%. EPS of $0.59 for the same period compares to -$0.03 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $279.58 million, representing a surprise of +5.87%. The company delivered an EPS surprise of +43.90%, with the consensus EPS estimate being $0.41.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how BILL Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Number of Customers: 201000 compared to the 207864.7 average estimate based on five analysts.
Total Payment Volume: $69.10 billion versus $64.57 billion estimated by four analysts on average.
Transactions Processed: 23400 thousand compared to the 22468.56 thousand average estimate based on three analysts.
Revenue- Interest on funds held for customers: $36.47 million compared to the $32.68 million average estimate based on seven analysts.
Total subscription and transaction fees: $259.51 million compared to the $245.23 million average estimate based on six analysts.
Shares of BILL Holdings have returned -21% over the past month versus the Zacks S&P 500 composite's -2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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BILL Holdings (BILL) Reports Q4 Earnings: What Key Metrics Have to Say
BILL Holdings (BILL - Free Report) reported $295.98 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 47.8%. EPS of $0.59 for the same period compares to -$0.03 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $279.58 million, representing a surprise of +5.87%. The company delivered an EPS surprise of +43.90%, with the consensus EPS estimate being $0.41.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how BILL Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Number of Customers: 201000 compared to the 207864.7 average estimate based on five analysts.
- Total Payment Volume: $69.10 billion versus $64.57 billion estimated by four analysts on average.
- Transactions Processed: 23400 thousand compared to the 22468.56 thousand average estimate based on three analysts.
- Revenue- Interest on funds held for customers: $36.47 million compared to the $32.68 million average estimate based on seven analysts.
- Total subscription and transaction fees: $259.51 million compared to the $245.23 million average estimate based on six analysts.
View all Key Company Metrics for BILL Holdings here>>>Shares of BILL Holdings have returned -21% over the past month versus the Zacks S&P 500 composite's -2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.