MakeMyTrip Ltd reports results for the quarter ended June 30 - Earnings Summary
MakeMyTrip Ltd reports results for the quarter ended June 30 - Earnings Summary
MakeMyTrip Ltd MMYT.OQ reported quarterly adjusted earnings of 53 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of four analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 40 cents to 50 cents per share.
Revenue rose 6.2% to $285.58 million from a year ago; analysts expected $292.52 million.
MakeMyTrip Ltd's reported EPS for the quarter was 9 cents.
MakeMyTrip Ltd shares had risen by 6.9% this quarter and lost 30.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 14.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for MakeMyTrip Ltd is $74.00, about 23% above its last closing price of $56.95
This summary was machine generated from LSEG data August 3 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.45 | 0.53 | Beat |
Mar. 31 2026 | 0.34 | 0.32 | Missed |
Dec. 31 2025 | 0.39 | 0.39 | Met |
Sep. 30 2025 | 0.31 | 0.37 | Beat |
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See all newsMakeMyTrip Ltd reports results for the quarter ended June 30 - Earnings Summary
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