A Preview Of Monday.Com's Earnings
Portfolio Pulse from Benzinga Insights
Monday.Com (NASDAQ:MNDY) is anticipated to report a quarterly EPS of $0.32 on 2024-02-12. Historical data shows a positive correlation between earnings performance and stock price movement. Last quarter, MNDY exceeded EPS estimates by $0.44, leading to a 5.72% stock price increase. Over the past year, MNDY shares have risen by 59.58%, indicating a bullish sentiment among long-term investors.
February 09, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Monday.Com is expected to report a quarterly EPS of $0.32, with historical data suggesting a positive impact on stock price following earnings beats. Shares have increased by 59.58% over the past year, indicating strong investor confidence.
Given Monday.Com's history of exceeding EPS estimates and the subsequent positive stock price reactions, it's likely that a similar outcome could occur if the company beats the EPS estimate again. The consistent growth in share price over the past year further supports investor confidence and suggests a potential positive short-term impact on MNDY's stock price following the earnings report.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100