MakeMyTrip Ltd expected to post earnings of 5  cents a share - Earnings Preview

MakeMyTrip

12/05/2023 19:31

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 16. 
    * The Gurgaon Haryana-based  company is expected to report 
a
84.7% increase in revenue to $163.615 million from $88.59
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
earnings of 5 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
$36​, above​ its last closing price of $25.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.03       -0.03      -0.09     Missed  -200​
 Mar. 31 2022  -0.15       -0.14      -0.04     Beat    72.4
 ​​Dec.        0.01        -0.01      -0.08     Missed  -433.3
 31 2021                                                
 Sep. 30 2021  -0.12       -0.13      -0.07     Beat    48.1​
 Jun. 30 2021  -0.22       -0.22      -0.22     Met     0
 Mar. 31 2021  -0.13       -0.12      -0.03     Beat    76
 This summary was machine generated May 12 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated