Mondee (MOND) to Release Quarterly Earnings on Friday

Mondee (NASDAQ:MOND) is scheduled to be releasing its earnings data before the market opens on Friday, November 8th. Analysts expect Mondee to post earnings of ($0.17) per share for the quarter. Mondee has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Mondee (NASDAQ:MOND) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.21). The business had revenue of $58.33 million for the quarter, compared to the consensus estimate of $61.22 million. During the same quarter last year, the business earned ($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 Trading Down 2.3 %

MOND stock opened at $1.27 on Friday. The firm’s 50-day moving average is $1.49 and its two-hundred day moving average is $2.02. The company has a market capitalization of $111.02 million, a price-to-earnings ratio of -1.12 and a beta of -0.05. Mondee has a 52 week low of $1.10 and a 52 week high of $4.17.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Roth Mkm lowered their price objective on shares of Mondee from $4.10 to $3.25 and set a “buy” rating on the stock in a research note on Thursday, August 15th. Northland Securities lowered their price objective on shares of Mondee from $4.50 to $4.00 and set an “outperform” rating on the stock in a research note 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.