BILL Expects Q3 Total Revenue Of $299M-$309M (Est $301.958M), Adj EPS Of $0.48-$0.57 (Est $0.44)
Portfolio Pulse from Benzinga Newsdesk
BILL forecasts Q3 total revenue to be between $299M-$309M, surpassing the estimated $301.958M. Additionally, the adjusted EPS is expected to range from $0.48-$0.57, exceeding the estimate of $0.44.
February 08, 2024 | 9:49 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
BILL anticipates Q3 revenue between $299M-$309M, above the $301.958M estimate, and adjusted EPS of $0.48-$0.57, higher than the $0.44 estimate.
BILL's forecasted revenue and adjusted EPS for Q3 are both above analyst estimates, indicating a positive outlook for the company's financial performance. This is likely to lead to a positive short-term impact on BILL's stock price as investors react to the potential for higher-than-expected earnings.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100