Monday.com (MNDY) Surpasses Q4 Earnings and Revenue Estimates

Core Viewpoint - Monday.com reported quarterly earnings of $1.08 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and showing an increase from $0.65 per share a year ago, representing an earnings surprise of 38.46% [1][2] Financial Performance - The company achieved revenues of $267.98 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.62%, and up from $202.57 million year-over-year [2] - Over the last four quarters, Monday.com has consistently surpassed consensus EPS estimates [2] Stock Performance - Monday.com shares have increased approximately 9.7% since the beginning of the year, compared to a 2.5% gain in the S&P 500 [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $272.71 million, and for the current fiscal year, it is $3.44 on revenues of $1.2 billion [7] - The estimate revisions trend for Monday.com is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Monday.com belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable environment for stocks in this sector [8]