Mondee (MOND) to Release Quarterly Earnings on Friday

Mondee (NASDAQ:MOND) is scheduled to 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.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Mondee (NASDAQ:MOND) last issued its quarterly earnings data 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 company had revenue of $58.33 million for the quarter, compared to analyst estimates of $61.22 million. During the same period in the previous year, the business 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 Price Performance

Shares of NASDAQ MOND opened at $1.32 on Wednesday. The company has a 50 day simple moving average of $1.44 and a 200 day simple moving average of $2.00. The firm has a market cap of $115.39 million, a PE ratio of -1.14 and a beta of -0.03. Mondee has a 1 year low of $1.10 and a 1 year high of $4.17.

Wall Street Analysts Forecast Growth

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

About Mondee

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.