MakeMyTrip Ltd expected to post earnings of 9  cents a share - Earnings Preview

MakeMyTrip

21/07/2023 15:48

* MakeMyTrip Ltd  MMYT.OQ   MMYT.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 25
(estimated). 
    * The Gurgaon Haryana-based  company is expected to report 
a
12.3% increase in revenue to $160.245 million from $142.73
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 9 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 had risen by
about 12.8%
in the last three months. ​
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$35.5​, above​ its last closing price of $28.93. ​​​

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 2023  0.03        0.05       0.08      Beat    60
 Dec. 31 2023  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.        -0.15       -0.14      -0.04     Beat    72.4
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated July 21 at 14:48 GMT.  All
figures in US dollars  unless otherwise stated