A Peek at Monday.Com's Future Earnings

Monday.Com (NASDAQ:MNDY) is preparing to release its quarterly earnings on Monday, 2024-11-11. Here's a brief overview of what investors should keep in mind before the announcement.

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 ...