MakeMyTrip Ltd expected to post a loss of 14  cents a share - Earnings Preview

MakeMyTrip

23/05/2022 13:59

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 25. 
    * The Gurgaon Haryana-based  company is expected to report 
a
5.5% increase in revenue to $83.598 million from $79.22 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 14 cents per share. For the same quarter last year, the
company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$33.5​, above​ its last closing price of $25.23. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.01        -0.01      -0.08     Missed  -433.3
 Sep. 30 2021  -0.12       -0.13      -0.07     Beat    48.1
 Jun. 30 2021  -0.22       -0.22      -0.22     Met     0​
 Mar. 31 2021  -0.13       -0.12      -0.03     Beat    76
 ​​Dec.        -0.19       -0.19      -0.03     Beat    84.2
 31 2020                                                
 Sep. 30 2020  -0.32       -0.31      -0.20     Beat    36.5​
 Jun. 30 2020  -0.50       -0.50      -0.20     Beat    60
 Mar. 31 2020  -0.31       -0.30      -0.34     Missed  -11.5
 This summary was machine generated May 23 at 12:59 GMT.  All
figures in US dollars  unless otherwise stated