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MMYT — MakeMyTrip News Story

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MakeMyTrip Ltd reports results for the quarter ended June 30 - Earnings Summary

MakeMyTrip Ltd MMYT.OQ reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 39 cents.  The mean expectation of four analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 30 cents to 44 cents per share.

Revenue rose 5.6% to $268.85 million from a year ago; analysts expected $289.99 million.

MakeMyTrip Ltd's reported EPS for the quarter was 22 cents​.

The company reported quarterly net income of $25.92 million.

MakeMyTrip Ltd shares had fallen by 0.3% this quarter and lost 13.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.1% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "buy"

Wall Street's median 12-month price target for MakeMyTrip Ltd is $120.00, about 18.6% above its last closing price of $97.70

This summary was machine generated from LSEG data July 22 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.370.22Missed
Mar. 31 20250.300.42Beat
Dec. 31 20240.320.35Beat
Sep. 30 20240.260.36Beat

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