MakeMyTrip Q1 Adj. EPS $0.30 Beats $0.12 Estimate, Sales $198.30M Beat $149.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
MakeMyTrip (NASDAQ:MMYT) reported Q1 adjusted earnings of $0.30 per share, beating the analyst consensus estimate of $0.12 by 150%. This is a 500% increase from the same period last year. The company also reported quarterly sales of $198.30 million, beating the analyst consensus estimate of $149.68 million by 32.48%. This is a 26.94% increase from the same period last year.
August 01, 2023 | 10:31 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MakeMyTrip's Q1 earnings and sales significantly exceeded estimates, indicating strong financial performance.
MakeMyTrip's Q1 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100