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

MakeMyTrip

01/08/2023 14:32

* MakeMyTrip Ltd  MMYT.OQ  reported quarterly adjusted
earnings of
17 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
9 cents per share.
    * Revenue rose 37.8% to $196.73 million from a year ago;
analysts
expected $160.25 million. 
    * MakeMyTrip Ltd's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 17% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MakeMyTrip Ltd shares had risen by 6.6% this quarter and
gained 4.4% so far this year.
    * The company reported quarterly net income of $18.6
million.
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$35.50 
    * 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 LSEG Refinitiv data
August 1 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.09           0.17           Beat
 Mar. 31 2023      0.05           0.08           Beat
 Dec. 31 2022      0.03           0.00           Missed
 Sep. 30 2022      -0.08          -0.06          Beat