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

MakeMyTrip

01/11/2022 13:31

* MakeMyTrip Ltd  MMYT.OQ  reported a quarterly adjusted
loss of 6
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss of 8
cents per share.
    * Revenue rose 94.5% to $131.25 million from a year ago;
analysts
expected $154.60 million. 
    * MakeMyTrip Ltd's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 237.8% in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * MakeMyTrip Ltd shares had fallen by 9.3% this quarter and
gained 0.4% so far this year.
    * The company reported a quarterly loss of $6.98 million.
    * 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 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.01          -0.08          Missed