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

MakeMyTrip

31/10/2023 13:32

* MakeMyTrip Ltd  MMYT.OQ  reported quarterly adjusted
earnings of
25 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 11 cents per share.
    * Revenue rose 28.5% to $168.69 million from a year ago;
analysts
expected $155.92 million. 
    * MakeMyTrip Ltd's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * MakeMyTrip Ltd shares had fallen by 7.0% this quarter and
gained 36.7% so far this year.
    * The company reported quarterly net income of $2 million.
    * Wall Street's median 12-month price target for MakeMyTrip
Ltd is
$45.00 
    * 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
October 31 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.11           0.25           Beat
 Jun. 30 2023      0.09           0.17           Beat
 Mar. 31 2023      0.05           0.08           Beat
 Dec. 31 2022      0.03           0.00           Missed