Mondee Holdings Inc reports results for the quarter ended in December - Earnings Summary

MH Wind Down Co

14/03/2024 13:31

* Mondee Holdings Inc  MOND.OQ  reported a quarterly
adjusted loss
of 21 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of -16 cents.  The mean expectation of four analysts for the
quarter was for a loss of 12 cents per share. Wall Street
expected results to range from -16 cents to -3 cents per share.
    * Revenue rose 54.2% to $61.05 million from a year ago;
analysts
expected $55.00 million. 
    * Mondee Holdings Inc's reported EPS for the quarter was a
loss
of 21 cents​.
    * The company reported a quarterly loss of $16.06 million.
    * Mondee Holdings Inc shares had fallen by 9.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Mondee Holdings
Inc is $6.00 
This summary was machine generated from LSEG data March 14 at
01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.12          -0.21          Missed
 Sep. 30 2023      -0.11          -0.29          Missed
 Jun. 30 2023      -0.10          -0.22          Missed
 Mar. 31 2023      -0.12          -0.15          Missed