MakeMyTrip Q3 Adj EPS $0.35 Beats $0.24 Estimate, Sales $217.89M Beat $208.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
MakeMyTrip (NASDAQ:MMYT) reported Q3 adjusted EPS of $0.35, surpassing the $0.24 estimate, a 150% increase from $0.14 per share last year. Sales reached $217.89M, exceeding the $208.59M estimate, marking a 26.58% increase from $172.13M in the same period last year.
January 23, 2024 | 11:09 am
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MakeMyTrip reported strong Q3 earnings with EPS and sales beating estimates, indicating robust growth and financial performance.
The significant beat on both earnings per share and sales compared to analyst estimates, along with the substantial year-over-year growth, is likely to instill investor confidence and could lead to a short-term positive impact on MakeMyTrip's stock price.
CONFIDENCE 90
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RELEVANCE 100