MakeMyTrip Ltd expected to post earnings of 26 cents a share - Earnings Preview

MakeMyTrip

21/10/2024 16:55

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The Gurgaon Haryana-based  company is expected to report a
27.5% increase in revenue to $215.001 million from $168.69
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 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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
$112.00​, above​ its last closing price of $101.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.27        0.28                         40
 Mar. 31 2024  0.21                                     93.9
 Dec. 31 2023  0.19        0.24       0.35      Beat    48.1​
 Jan. 1 0001   0.11        0.11       0.25      Beat    
 ​​Jun.        0.08        0.09       0.17      Beat    82.8
 30 2023                                                
 Mar. 31 2023              0.05       0.08      Beat    60​
 Jan. 1 0001               0.03       0.00      Missed  -96.1
 Sep. 30 2022  -0.09                  -0.06             
 This summary was machine generated October 21 at 15:55 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)