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MMYT — MakeMyTrip News Story

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MakeMyTrip Ltd expected to post a loss of 1cent a share - Earnings Preview

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 25. 
    * The Gurgaon Haryana-based  company is expected to report 
a
97.8% increase in revenue to $112.355 million from $56.81
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 1 cent 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," 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
$40​, about 33.8% above​ its last closing price of $26.50. ​​​

This summary was machine generated January 21 at 14:30 GMT.  All
figures in US dollars  unless otherwise stated

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