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

MakeMyTrip

25/05/2022 14:33

* MakeMyTrip Ltd  MMYT.OQ  reported a quarterly adjusted
loss of 4
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue rose 11.8% to $88.59 million from a year ago; 
analysts
expected $83.60 million. 
    * The mean earnings estimate of analysts had risen by
about 19.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * MakeMyTrip Ltd shares had fallen by 6.1% this quarter and
lost 9.1% so far this year.
    * The company reported a quarterly loss of $4.07 million.
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$33.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 25 at 01:33 p.m.  ​All
figures in US dollars unless otherwise stated