Monday.Com Ltd reports results for the quarter ended in June - Earnings Summary

monday.com

14/08/2023 14:32

* Monday.Com Ltd  MNDY.OQ  reported quarterly adjusted
earnings of
41 cents​​ per share for the quarter ended in June. The mean
expectation of fifteen analysts for the quarter was for earnings
of 17 cents per share.
    * Revenue rose 42% to $175.68 million from a year ago;
analysts
expected $169.27 million. 
    * Monday.Com Ltd's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 57.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Monday.Com Ltd shares had fallen by 9.0% this quarter and
gained 27.7% so far this year.
    * The company reported a quarterly loss of $7.04 million.
    * Wall Street's median 12-month price target for Monday.Com
Ltd is
$200.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.17           0.41           Beat
 Mar. 31 2023      -0.28          0.14           Beat
 Dec. 31 2022      -0.37          0.44           Beat
 Sep. 30 2022      -0.54          0.05           Beat