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

MakeMyTrip

31/01/2023 14:32

* MakeMyTrip Ltd  MMYT.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
3 cents per share.
    * Revenue rose 48.3% to $170.53 million from a year ago;
analysts
expected $170.03 million. 
    * MakeMyTrip Ltd's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had risen by
about 143.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * MakeMyTrip Ltd shares had risen by 4.6% this quarter.
    * The company reported quarterly net income of $93 thousand.
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$40.00 
    * 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." 

This summary was machine generated from Refinitiv data January
31 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.03           0.00           Missed
 Sep. 30 2022      -0.08          -0.06          Beat
 Jun. 30 2022      -0.03          -0.09          Missed
 Mar. 31 2022      -0.14          -0.04          Beat