MakeMyTrip Ltd expected to post earnings of 24 cents a share - Earnings Preview

MakeMyTrip

19/01/2024 13:43

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 23 for the
period ending December 31 2023
    * The Gurgaon Haryana-based  company is expected to report a
22.3% increase in revenue to $208.592 million from $170.53
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for MakeMyTrip Ltd is for
earnings
of 24 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
$52.50​, above​ its last closing price of $48.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.11        0.11       0.25      Beat    127.8
 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.        -0.09       -0.08      -0.06     Beat    27.4
 30 2022                                                
 Jun. 30 2022  -0.03       -0.03      -0.09     Missed  -200​
 Mar. 31 2022  -0.15       -0.14      -0.04     Beat    72.4
 Dec. 31 2021  0.01        -0.01      -0.08     Missed  -433.3
 This summary was machine generated January 19 at 13:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)