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Ahead of BigCommerce (BIGC) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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The upcoming report from BigCommerce (BIGC - Free Report) is expected to reveal quarterly earnings of $0.03 per share, indicating an increase of 142.9% compared to the year-ago period. Analysts forecast revenues of $77.46 million, representing an increase of 7.9% year over year.
The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain BigCommerce metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Revenue- Partner and services' will reach $19.67 million. The estimate indicates a year-over-year change of +9.6%.
The consensus among analysts is that 'Revenue- Subscription solutions' will reach $57.75 million. The estimate indicates a change of +7.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Total Annual Revenue Run-rate (ARR)' of $338.30 million. Compared to the current estimate, the company reported $316.70 million in the same quarter of the previous year.
BigCommerce shares have witnessed a change of -4.1% in the past month, in contrast to the Zacks S&P 500 composite's -0.4% move. With a Zacks Rank #3 (Hold), BIGC is expected closely follow 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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Ahead of BigCommerce (BIGC) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
The upcoming report from BigCommerce (BIGC - Free Report) is expected to reveal quarterly earnings of $0.03 per share, indicating an increase of 142.9% compared to the year-ago period. Analysts forecast revenues of $77.46 million, representing an increase of 7.9% year over year.
The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain BigCommerce metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Revenue- Partner and services' will reach $19.67 million. The estimate indicates a year-over-year change of +9.6%.
The consensus among analysts is that 'Revenue- Subscription solutions' will reach $57.75 million. The estimate indicates a change of +7.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Total Annual Revenue Run-rate (ARR)' of $338.30 million. Compared to the current estimate, the company reported $316.70 million in the same quarter of the previous year.
View all Key Company Metrics for BigCommerce here>>>
BigCommerce shares have witnessed a change of -4.1% in the past month, in contrast to the Zacks S&P 500 composite's -0.4% move. With a Zacks Rank #3 (Hold), BIGC is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>