MakeMyTrip Ltd expected to post a loss of 3  cents a share - Earnings Preview

MakeMyTrip

25/07/2022 19:33

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 27. 
    * The Gurgaon Haryana-based  company is expected to report 
a
241.0% increase in revenue to $111.959 million from $32.83
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 3 cents per share. For the same quarter last year, the
company reported a loss of 22 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 14.7%
in the last three months. ​
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$37​, above​ its last closing price of $28.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.15       -0.14      -0.04     Beat    72.4
 Dec. 31 2022  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.        -0.13       -0.12      -0.03     Beat    76
 31 2021                                                
 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. 30 2020  -0.50       -0.50      -0.20     Beat    60
 This summary was machine generated July 25 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated