MakeMyTrip (MMYT) to Release Quarterly Earnings on Tuesday

MakeMyTrip (NASDAQ:MMYT) will be releasing its earnings data before the market opens on Tuesday, July 30th. Persons interested in participating in the company’s earnings conference call can do so using this link.

MakeMyTrip (NASDAQ:MMYT) last posted its quarterly earnings data on Thursday, May 16th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.41) by $0.02. The firm had revenue of $163.35 million for the quarter, compared to the consensus estimate of $158.28 million. MakeMyTrip had a negative net margin of 34.52% and a negative return on equity of 11.11%. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.25) EPS. On average, analysts expect MakeMyTrip to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

MMYT opened at $27.99 on Monday. The stock has a market cap of $2.83 billion, a P/E ratio of -17.39 and a beta of 0.39. The business’s fifty day moving average price is $26.38. MakeMyTrip has a 1 year low of $19.66 and a 1 year high of $35.15.

A number of research firms have issued reports on MMYT. ValuEngine downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. BidaskClub raised shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Thursday, July 4th. Zacks Investment Research raised shares of HANNOVER RUECK/S from a “sell” rating to a “hold” rating in a report on Friday, May 17th. Finally, Bank of America set a $24.00 price target on shares of MakeMyTrip and gave the stock a “sell” rating in a report on Monday, May 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $27.36.

About MakeMyTrip

MakeMyTrip Limited, an online travel company, engages in the business of selling travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, China, Colombia, and Peru. It operates through two segments, Air Ticketing, and Hotels and Packages. The company's services and products include air tickets, hotels, packages, rail tickets, bus tickets, and car hire, as well as ancillary travel requirements, such as facilitating access to travel insurance and visa processing.

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Earnings History for MakeMyTrip (NASDAQ:MMYT)

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