MakeMyTrip's Earnings Outlook
Portfolio Pulse from Benzinga Insights
MakeMyTrip (NASDAQ:MMYT) is set to release its latest quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $0.12. The company's past performance shows a pattern of beating EPS estimates. However, the stock has been generally negative over the last 52-week period, with shares down 4.7%.
July 31, 2023 | 9:32 pm
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NEUTRAL IMPACT
MakeMyTrip is expected to report an EPS of $0.12 in its upcoming earnings. Despite a history of beating EPS estimates, the stock has been down 4.7% over the last 52 weeks.
The company's earnings report is a significant event that could impact its stock price. While the company has a history of beating EPS estimates, the overall negative trend in the stock's performance over the past year may temper investor expectations. The impact of the earnings report will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future quarters.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100