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BILL Holdings (BILL) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
BILL BILL (US:BILL) ZACKSยท2024-08-22 23:01

Core Insights - BILL Holdings reported revenue of $343.67 million for the quarter ended June 2024, marking a year-over-year increase of 16.1% and exceeding the Zacks Consensus Estimate by 4.92% [1] - The company's EPS for the same period was $0.57, slightly down from $0.59 a year ago, but it surpassed the consensus EPS estimate of $0.46 by 23.91% [1] Financial Performance Metrics - Total Payment Volume reached $76 billion, exceeding the four-analyst average estimate of $72.77 billion [3] - Transactions Processed amounted to 28 million, surpassing the three-analyst average estimate of 26.25 million [4] - Total subscription and transaction fees were reported at $301.31 million, compared to the estimated $287.78 million, reflecting a 16.1% increase year-over-year [5] - Revenue from interest on funds held for customers was $42.36 million, above the average estimate of $40.32 million, also showing a 16.1% year-over-year change [6] Stock Performance - Shares of BILL Holdings have returned +1.2% over the past month, while the Zacks S&P 500 composite has changed by +2.2% [6] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [6]