MakeMyTrip Ltd expected to post a loss of 13 cents a share - Earnings Preview

MakeMyTrip

22/10/2021 19:31

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a rise
in quarterly revenue when it reports results on October 26. 
* The Gurgaon, Haryana-based company is expected to report  a
217.6% increase in revenue to $66.864 million from $21.05
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MakeMyTrip Ltd is for a
loss of 13 cents per share. For the same quarter last year, the
company reported a loss of 20 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for MakeMyTrip Ltd
is $37​, about 24.6% above​ its last closing price
of $27.90. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.22       -0.22      -0.22     Met     0
 Mar. 31 2021  -0.13       -0.12      -0.03     Beat    76
 Dec. 31 2020  -0.19       -0.19      -0.03     Beat    84.2​
 Sep. 30 2020  -0.32       -0.31      -0.20     Beat    36.5
 Jun.          -0.50​      -0.50      -0.20     Beat    60​
 30​ 2020​                                              
 Mar. 31 2020  -0.31       -0.30      -0.34     Missed  -11.5​
 Dec. 31 2019  -0.27       -0.26      -0.29     Missed  -10.1
 Sep. 30 2019  -0.27       -0.28      -0.35     Missed  -26.5
 This summary was machine generated October 22 at 18:31 GMT.  All
figures in US dollars unless otherwise stated