Mondee (MOND) to Release Quarterly Earnings on Friday

Mondee (NASDAQ:MOND) will announce 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 interested in registering for 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 the consensus estimate 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 prior year, the firm posted ($0.12) earnings per share. 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 4.8 %

NASDAQ MOND opened at $1.32 on Wednesday. The company has a fifty day simple moving average of $1.44 and a 200 day simple moving average of $2.00. Mondee has a 12-month low of $1.10 and a 12-month high of $4.17. The company has a market cap of $115.39 million, a P/E ratio of -1.14 and a beta of -0.03.

Analysts Set New Price Targets

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