MakeMyTrip Ltd expected to post earnings of 11  cents a share - Earnings Preview

MakeMyTrip

27/10/2023 19:35

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Gurgaon Haryana-based  company is expected to report 
a
18.8% increase in revenue to $155.918 million from $131.25
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MakeMyTrip Ltd is
for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "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
$45​, above​ its last closing price of $37.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.08        0.09       0.17      Beat    82.8
 Mar. 31 2023  0.03        0.05       0.08      Beat    60
 Dec. 31 2022  0.02        0.03       0.00      Missed  -96.1​
 Sep. 30 2022  -0.09       -0.08      -0.06     Beat    27.4
 ​​Jun.        -0.03       -0.03      -0.09     Missed  -200
 30 2022                                                
 Mar. 31 2022  -0.15       -0.14      -0.04     Beat    72.4​
 Dec. 31 2021  0.01        -0.01      -0.08     Missed  -433.3
 Sep. 30 2021  -0.12       -0.13      -0.07     Beat    48.1
 This summary was machine generated October 27 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated