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

MakeMyTrip

16/05/2023 14:33

* MakeMyTrip Ltd  MMYT.OQ  reported quarterly adjusted
earnings of
8 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
5 cents per share.
    * Revenue rose 67.7% to $148.52 million from a year ago;
analysts
expected $163.61 million. 
    * MakeMyTrip Ltd's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * MakeMyTrip Ltd shares had risen by 8.6% this quarter and
lost 3.6% so far this year.
    * The company reported quarterly net income of $5.66
million.
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$36.00 
    * 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 LSEG Refinitiv data May
16 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.05           0.08           Beat
 Dec. 31 2022      0.03           0.00           Missed
 Sep. 30 2022      -0.08          -0.06          Beat
 Jun. 30 2022      -0.03          -0.09          Missed