MongoDB's Earnings Outlook
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $0.47. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. MongoDB's past earnings performance shows a mix of beats and misses with varying stock price reactions. As of March 5, MDB shares were trading at $405.0, marking a 98.26% increase over the last 52 weeks. This performance indicates a positive outlook for long-term shareholders ahead of the earnings announcement.
March 06, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
MongoDB is expected to report an EPS of $0.47 for the upcoming quarter. Past performance shows significant stock price movements post-earnings announcements. With shares currently up 98.26% over the last year, the upcoming earnings report and guidance will be crucial for short-term price direction.
Given MongoDB's history of stock price volatility post-earnings, the upcoming report could lead to significant short-term price movements. However, the score is neutral due to the mixed past performance and the uncertainty regarding the actual earnings outcome versus expectations.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100