BILL Holdings shares are trading lower following weak EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
BILL Holdings shares are trading lower due to the company providing weak earnings per share (EPS) guidance.
May 02, 2024 | 8:10 pm
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BILL Holdings shares are trading lower following the announcement of weak EPS guidance.
Weak EPS guidance typically indicates that a company expects lower profitability in the future, which can lead to a decrease in investor confidence and a subsequent drop in the stock price. Given that BILL Holdings has explicitly announced weak EPS guidance, it is reasonable to expect a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100