Earnings Outlook For MongoDB

MongoDB MDB announces its next round of earnings this Thursday, June 03. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

MongoDB EPS will likely be near $0.37 while revenue will be around $169.96 million, according to analysts. In the same quarter last year, MongoDB reported a loss per share of $0.13 on revenue of $130.33 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to post earnings in line with the consensus estimate when it reports Thursday, EPS would be down 184.62%. Sales would be up 30.41% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of MongoDB were trading at $289.74 as of June 01. Over the last 52-week period, shares are up 33.13%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not 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.