Mondee (NASDAQ:MOND - Get Free Report) is scheduled to be announcing its earnings results 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 that are interested in participating in the company's conference call can do so using this link.
Mondee (NASDAQ:MOND - Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.21). The company had revenue of $58.33 million during the quarter, compared to the consensus estimate of $61.22 million. During the same period in the prior year, the company 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 traded down $0.01 during trading on Friday, hitting $1.26. The company had a trading volume of 33,986 shares, compared to its average volume of 123,240. The stock has a market cap of $110.15 million, a price-to-earnings ratio of -1.08 and a beta of -0.05. The company has a fifty day simple moving average of $1.48 and a two-hundred day simple moving average of $2.02. Mondee has a one year low of $1.10 and a one year high of $4.17.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Northland Securities dropped their price objective on shares of Mondee from $4.50 to $4.00 and set an "outperform" rating for the company in a research note on Thursday, August 15th. Roth Mkm cut their price target on shares of Mondee from $4.10 to $3.25 and set a "buy" rating on the stock in a report on Thursday, August 15th.
Read Our Latest Report on MOND
About Mondee
(
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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.
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