Analysts expect Monday.Com to report an earnings per share (EPS) of $0.63.
Monday.Com bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.38, leading to a 1.21% increase in the share price the following trading session.
Here's a look at Monday.Com's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.56
0.40
0.32
0.20
EPS Actual
0.94
0.61
0.65
0.64
Price Change %
1.0%
3.0%
1.0%
6.0%
Monday.Com Share Price Analysis
Shares of Monday.Com were trading at $318.56 as of November 07. Over the last 52-week period, shares are up 105.75%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Take on Monday.Com
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Monday.Com.
Analysts have provided Monday.Com with 23 ratings, resulting in a ...