Group 1 - Analysts project AvidXchange Holdings, Inc. (AVDX) will announce quarterly earnings of $0.06 per share, a 20% increase year over year [1] - Revenues are expected to reach $114.98 million, reflecting a 10.5% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a reassessment of projections by covering analysts [1] Group 2 - Analysts estimate 'Revenues- Payment' at $82.63 million, representing an 11.3% year-over-year change [4] - 'Revenues- Software' is projected to be $31.35 million, indicating a 7.9% increase from the prior-year quarter [4] - 'Transaction Yield' is expected to reach $5.71, up from $5.45 a year ago [4] Group 3 - The average prediction for 'Transactions Processed' is 20.15 million, compared to 19.1 million a year ago [5] - 'Total Payment Volume' is anticipated to be $21.95 billion, an increase from $19.90 billion in the previous year [5] Group 4 - AvidXchange shares have shown a return of -8.9% over the past month, contrasting with the Zacks S&P 500 composite's +2.2% change [6] - AVDX holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [6]
Wall Street's Insights Into Key Metrics Ahead of AvidXchange (AVDX) Q4 Earnings