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MongoDB's Earnings: A Preview

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Benzinga Insights
·1 min read
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MongoDB (NASDAQ: MDB) unveils its next round of earnings this Wednesday, September 02. Get prepared with Benzinga's ultimate preview for MongoDB's Q2 earnings.

Earnings and Revenue

Wall Street expects an EPS loss of $0.39 and sales around $126.77 million. In the same quarter last year, MongoDB posted a loss of $0.26 per share on sales of $99.37 million. If the company were to match the consensus estimate, earnings per share would be down 50.0%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

-0.24

-0.28

-0.28

-0.28

EPS Actual

-0.13

-0.25

-0.26

-0.26

Revenue Estimate

119.40 M

110.57 M

99.79 M

91.61 M

Revenue Actual

130.33 M

123.52 M

109.44 M

99.37 M

Stock Performance

Over the last 52-week period, shares are up 52.16%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

View more earnings on MDB

Don't be surprised to see the stock move on comments made during its conference call. MongoDB is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/mdb/mediaframe/40222/indexr.html

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