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Stock impact report

Monday.com (MNDY) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]

monday.com Ltd. - Ordinary Shares (MNDY) 
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.29%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.31%. Shares of the project management software developer witnessed a loss of 3.63% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 1.17% and the S&P 500's gain of 1.57%. Market participants will be closely following the financial results of Monday.com in its upcoming release. The company's upcoming EPS is projected at $0.61, signifying a 4.69% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $245.56 million, reflecting a 29.79% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $2.76 per share and revenue of $959.02 million, which would represent changes of +49.19% and +31.43%, respectively, from the prior Show less Read more
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