Monday.com (MNDY) Q1 Earnings and Revenues Beat Estimates

Core Insights - Monday.com reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and showing an increase from $0.61 per share a year ago, resulting in an earnings surprise of 57.14% [1] - The company achieved revenues of $282.25 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.39% and up from $216.91 million year-over-year [2] - Monday.com has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Financial Performance - The earnings surprise for the previous quarter was 38.46%, with actual earnings of $1.08 per share compared to an expected $0.78 [1] - The current consensus EPS estimate for the upcoming quarter is $0.78, with projected revenues of $291.81 million, and for the current fiscal year, the EPS estimate is $3.32 on revenues of $1.21 billion [7] Stock Performance - Monday.com shares have increased approximately 18.2% since the beginning of the year, contrasting with a decline of -3.8% in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which Monday.com belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Rubrik, Inc., is expected to report a quarterly loss of $0.32 per share, reflecting a year-over-year change of +79.8%, with revenues projected at $260.23 million, up 38.9% from the previous year [9]