Countdown to AvidXchange (AVDX) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - AvidXchange Holdings, Inc. (AVDX) is expected to report quarterly earnings of $0.06 per share, unchanged from the previous year, with revenues forecasted at $109.74 million, reflecting a 3.9% year-over-year increase [1] - Analysts' consensus EPS estimate has remained stable over the last 30 days, indicating a reassessment of initial estimates by covering analysts [1][2] Revenue Estimates - 'Revenues- Payment' is projected to reach $77.78 million, marking a 3.4% increase from the prior-year quarter [4] - 'Revenues- Software' is estimated at $30.78 million, indicating a 3.7% rise from the same period last year [4] Transaction Metrics - 'Transactions Processed' is expected to total 19.73 million, slightly up from 19.3 million reported in the same quarter last year [5] - 'Total Payment Volume' is anticipated to reach $20.77 billion, compared to $19.90 billion in the previous year [5] Market Performance - AvidXchange shares have increased by 6.3% over the past month, outperforming the Zacks S&P 500 composite, which saw a 0.4% increase [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [6]