Mondee (MOND) to Release Quarterly Earnings on Friday

Mondee (NASDAQ:MOND) will release 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.Investors that are interested in participating in the company’s conference call can do so using this link.

Mondee (NASDAQ:MOND) last issued 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 company had revenue of $58.33 million during the quarter, compared to the consensus estimate of $61.22 million. During the same quarter in the prior year, the firm 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 Up 8.3 %

Shares of NASDAQ:MOND opened at $1.43 on Thursday. The firm has a 50 day moving average of $1.44 and a 200-day moving average of $1.99. Mondee has a 12 month low of $1.10 and a 12 month high of $4.17. The stock has a market capitalization of $125.01 million, a PE ratio of -1.23 and a beta of -0.03.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MOND shares. Northland Securities decreased their price target on shares of Mondee from $4.50 to $4.00 and set an “outperform” rating on the stock in a report on Thursday, August 15th. Roth Mkm cut their target price 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.

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.