Mondee (MOND) to Release Quarterly Earnings on Friday

Mondee (NASDAQ:MOND) will issue its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Mondee has set its FY 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Mondee (NASDAQ:MOND) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.21). The firm had revenue of $58.33 million for the quarter, compared to the consensus estimate of $61.22 million. During the same quarter in the prior year, the firm posted ($0.12) EPS. On average, analysts expect Mondee to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Mondee Stock Performance

Mondee stock opened at $1.27 on Friday. The firm’s 50-day moving average is $1.49 and its 200-day moving average is $2.02. Mondee has a 1 year low of $1.10 and a 1 year high of $4.17. The company has a market cap of $111.02 million, a P/E ratio of -1.12 and a beta of -0.05.

Analyst Ratings Changes

MOND has been the topic of a number of recent research reports. Roth Mkm reduced their price target on shares of Mondee from $4.10 to $3.25 and set a “buy” rating on the stock in a research report on Thursday, August 15th. Northland Securities cut their price objective on shares of Mondee from $4.50 to $4.00 and set an “outperform” rating on the stock in a research report on Thursday, August 15th.

Mondee Company Profile

Mondee Holdings, Inc operates as a travel technology company in the leisure and corporate travel markets in the United States and internationally. The company operates through two segments, Travel Marketplace and SaaS Platform. The Travel Marketplace segment primarily engages in sale of airline tickets through its platform.