Company Performance - Twilio reported quarterly earnings of $1.19 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, and up from $0.87 per share a year ago, representing an earnings surprise of +16.67% [1] - The company posted revenues of $1.23 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.66%, and an increase from $1.08 billion year-over-year [2] - Over the last four quarters, Twilio has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Twilio shares have increased approximately 20.5% since the beginning of the year, compared to the S&P 500's gain of 7.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $1.2 billion, and for the current fiscal year, it is $4.49 on revenues of $4.82 billion [7] Industry Outlook - The Internet - Software industry, to which Twilio belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact individual stock performance [5][8]

Company Performance - Monday.com (MNDY) closed at $247.40, down 4.29% from the previous trading session, underperforming the S&P 500's loss of 0.08% [1] - Over the past month, shares of Monday.com have decreased by 16.51%, while the Computer and Technology sector gained 3.95% and the S&P 500 gained 1.21% [1] Upcoming Earnings Report - The company is set to release its earnings on August 11, 2025, with an expected EPS of $0.84, reflecting a decline of 10.64% from the prior-year quarter [2] - The consensus estimate for quarterly revenue is $293.15 million, which represents an increase of 24.16% from the same period last year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.79 per share and revenue of $1.22 billion, indicating increases of 8.29% and 25.59% respectively from the previous year [3] Analyst Estimates and Market Sentiment - Recent adjustments to analyst estimates for Monday.com are important as they reflect short-term business trends, with positive revisions indicating optimism about the business outlook [4] - The Zacks Rank system, which assesses these estimate changes, currently ranks Monday.com at 3 (Hold) [6] Valuation Metrics - Monday.com has a Forward P/E ratio of 68.25, significantly higher than the industry average of 28.8, suggesting it is trading at a premium [7] - The company also has a PEG ratio of 27.09, compared to the industry average of 2.18, indicating a high valuation relative to its projected earnings growth [8] Industry Context - The Internet - Software industry, to which Monday.com belongs, has a Zacks Industry Rank of 69, placing it in the top 28% of over 250 industries [8]

The market expects Monday.com (MNDY) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Group 1: Company Performance - Monday.com (MNDY) stock was down 2.76% at $283.74, underperforming the S&P 500's daily gain of 0.14% [1] - Prior to the recent trading session, MNDY shares had gained 4.04%, lagging behind the Computer and Technology sector's gain of 7.37% and the S&P 500's gain of 5.35% [1] Group 2: Upcoming Earnings - The upcoming earnings release is expected to show an EPS of $0.84, reflecting a 10.64% decrease from the same quarter last year [2] - Revenue is forecasted to be $293.15 million, indicating a 24.16% increase compared to the year-ago quarter [2] Group 3: Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $3.79 per share and revenue of $1.22 billion, representing year-over-year changes of +8.29% and +25.59%, respectively [3] - Recent adjustments to analyst estimates may indicate short-term business trends and positive revisions can signal optimism about the business outlook [3] Group 4: Valuation Metrics - Current valuation metrics show a Forward P/E ratio of 77.05, significantly higher than the industry average of 29.16, indicating that Monday.com is trading at a premium [6] - The PEG ratio stands at 30.57, compared to the Internet - Software industry average of 2.2, suggesting a high valuation relative to expected earnings growth [7] Group 5: Industry Ranking - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 79, placing it within the top 32% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1][2] - The Zacks Momentum Style Score helps investors identify effective metrics for assessing momentum in stocks [2] Group 2: Company Analysis - Monday.com (MNDY) - Monday.com currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - Over the past week, MNDY shares increased by 3.08%, outperforming the Zacks Internet - Software industry, which rose by 0.76% [6] - In the last three months, MNDY shares rose by 22.08%, and over the past year, they increased by 41.24%, significantly outperforming the S&P 500's gains of 3.59% and 14.21% respectively [7] Group 3: Trading Volume and Earnings Outlook - MNDY's average 20-day trading volume is 653,366 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, 9 earnings estimates for MNDY have been revised upwards, increasing the consensus estimate from $3.30 to $3.72 [10] - For the next fiscal year, 6 estimates have moved higher while 2 have been revised downwards, indicating a generally positive earnings outlook [10] Group 4: Conclusion - Considering the positive momentum indicators and earnings outlook, MNDY is positioned as a strong buy candidate for investors seeking short-term gains [12]

Financial Data and Key Metrics Changes - The company has transformed from being approximately 50% software five years ago to 75% software today [6] - Annual Recurring Revenue (ARR) has increased to over $2.1 billion, growing 17% organically in the first quarter [7] - Gross margins have improved by 1,200 basis points over the last five years, currently around 70% [7] - EBITDA has seen a 500 basis point improvement during the same timeframe [7] Business Line Data and Key Metrics Changes - The AECO (Architecture, Engineering, Construction, and Owners) software business is projected to reach about $1.4 billion in ARR this year [13] - The company has simplified its offerings, creating over 20 purpose-built bundles to enhance customer accessibility [15] - The construction software segment has seen a 19% growth in ARR in the first quarter, with two-thirds of new bookings coming from existing customers [22] Market Data and Key Metrics Changes - The company operates in 70 countries, with a significant presence in the U.S. market, benefiting from recent infrastructure laws and acts [50][51] - The construction software market is growing in the low single digits, while the company is growing at 19%, indicating market share gains [52] Company Strategy and Development Direction - The company's strategy focuses on "connect and scale," aiming to connect users, data, and stakeholders across industry lifecycles [9] - The company is pursuing a global expansion strategy, particularly in underserved markets like India and the Middle East [66] - The company is exploring both organic growth and potential M&A opportunities to enhance its capabilities in various markets [69] Management's Comments on Operating Environment and Future Outlook - Management sees a healthy backlog among customers, with labor being a bottleneck rather than demand [51] - The company believes it can continue to grow ARR in the teens for the foreseeable future, driven by a strong product-market fit and execution [23] - Management acknowledges the cyclical nature of the construction industry but emphasizes the secular trend towards digitization [57] Other Important Information - The company has undergone 23 divestitures and seven acquisitions in the last five years to simplify and focus its business [8] - The company is leveraging AI for internal efficiencies and customer-facing applications, enhancing productivity and service delivery [95][96] Q&A Session Summary Question: Where do you see new logo wins coming from? - New logo wins are expected to come from mid-sized contractors, with a focus on developing technology to penetrate further down market [89] Question: Can you provide more details about SketchUp? - SketchUp is a key product in the architecture and design suite, growing faster than the segment average, with over 200 million in ARR [91] Question: How is Trimble's cyclicality changing? - The company has a more durable business model today, with two-thirds of revenue being recurring, which provides resilience against market fluctuations [56] Question: What opportunities does Trimble see in the rental market? - The rental market presents opportunities for technology portability, especially in regions where rental is a common business practice [80] Question: How does the company plan to achieve its gross margin targets? - The company aims to reach 74% gross margin by 2027 through organic growth and a favorable mix of software over hardware [106]

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]

Company Overview - Monday.com (MNDY) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.70, reflecting a change of +14.8% [3] - Revenues for the upcoming quarter are anticipated to be $275.66 million, which represents a growth of 27.1% compared to the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 16.67% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Monday.com is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.32%, suggesting a likelihood of beating the consensus EPS estimate [10][11] Historical Performance - In the last reported quarter, Monday.com exceeded the expected EPS of $0.78 by delivering earnings of $1.08, achieving a surprise of +38.46% [12] - The company has successfully beaten consensus EPS estimates in each of the last four quarters [13] Industry Context - In the Zacks Internet - Software industry, Affirm Holdings (AFRM) is also expected to report a loss of $0.08 per share, with a year-over-year change of +81.4% and projected revenues of $783.11 million, up 35.9% from the previous year [17] - Affirm Holdings has an Earnings ESP of 63.27% and a Zacks Rank of 1 (Strong Buy), indicating a strong likelihood of beating the consensus EPS estimate [18]

Company Performance - Monday.com (MNDY) closed at $221.01, reflecting a +1.49% change from the previous trading day's closing, outperforming the S&P 500's loss of 0.23% [1] - The stock has dropped by 13.67% in the past month, which is better than the Computer and Technology sector's loss of 16.18% but worse than the S&P 500's loss of 12.13% [1] Earnings Expectations - Analysts expect Monday.com to post earnings of $0.68 per share, indicating year-over-year growth of 11.48% [2] - The consensus estimate projects revenue of $275.04 million, reflecting a 26.8% rise from the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $3.27 per share, representing a -6.57% change from the prior year, while revenue is expected to be $1.22 billion, reflecting a +25.01% change [3] Analyst Estimates - Recent changes in analyst estimates for Monday.com are important as they reflect evolving short-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] Valuation Metrics - Monday.com has a Forward P/E ratio of 66.62, significantly higher than the industry average of 23.71, suggesting it is trading at a premium [7] - The company holds a PEG ratio of 1.63, compared to the industry average PEG ratio of 1.77 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 82, placing it in the top 34% of all industries [8]