MakeMyTrip Ltd reports results for the quarter ended December 31 - Earnings Summary

MakeMyTrip

23/01/2025 14:31

* MakeMyTrip Ltd  MMYT.OQ  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended December 31,
identical to the same quarter last year.  The mean expectation
of three analysts for the quarter was for earnings of 32 cents
per share. Wall Street expected results to range from 21 cents
to 43 cents per share.
    * Revenue rose 24.8% to $267.36 million from a year ago;
analysts
expected $265.18 million. 
    * MakeMyTrip Ltd's reported EPS for the quarter was 23
cents​.
    * The company reported quarterly net income of $27.02
million.
    * MakeMyTrip Ltd shares had fallen by 8.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for MakeMyTrip Ltd is
$120.00 
This summary was machine generated from LSEG data January 23 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.32           0.35           Beat
 Sep. 30 2024      0.26           0.36           Beat
 Jun. 30 2024      0.28           0.39           Beat
 Mar. 31 2024      0.20           0.38           Beat