From Nasdaq: 2024-04-30 12:24:00

BILL Holdings is set to report third-quarter fiscal 2024 results on May 2, with revenues projected between $299-$309 million and earnings between 48-57 cents per share. The Zacks Consensus Estimate for revenues is $304.95 million, showing an increase of 11.88% year-over-year, with earnings projected at 53 cents per share.

BILL Holdings has exceeded the Zacks Consensus Estimate for earnings in the last four quarters, with an average surprise of 53.47%. The company is expected to benefit from an expanding SMB clientele and a diverse business model. Partnerships with companies like Adyen are driving traction across small and medium businesses.

In Q2 of fiscal 2024, BILL launched an integrated platform combining BILL AP and Divvy Spend and Expense Solutions to enhance customer experience. The company’s focus on AI integration and advanced payment solutions is driving revenue growth. BILL’s partnerships and innovative solutions are expected to play a key role in Q3 fiscal 2024 performance.

BILL Holdings currently has an Earnings ESP of 0.00% and a Zacks Rank #3. Companies like Arista Networks (ANET) and NVIDIA (NVDA) offer potential investment opportunities with their strong earnings forecast. ANET is set to report on May 7, and NVDA on May 22. Explore more potential stock opportunities before their earnings releases to make informed investment decisions.



Read more at Nasdaq: BILL Holdings (BILL) to Report Q3 Earnings: What’s in Store?