Yatra Online Q1 2024 GAAP EPS $0.01, Inline, Sales $12.61M Miss $22.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yatra Online (NASDAQ:YTRA) reported Q1 2024 GAAP EPS of $0.01, meeting analyst expectations. However, the company missed sales estimates significantly, reporting $12.61 million in sales versus the expected $22.20 million, a 43.22% shortfall and a 6.43% decrease from the same period last year.
August 12, 2024 | 8:39 pm
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Yatra Online reported Q1 2024 GAAP EPS of $0.01, meeting expectations, but missed sales estimates by 43.22%, reporting $12.61 million in sales. This represents a 6.43% decrease from the same period last year.
While Yatra Online met EPS expectations, the significant miss in sales estimates and the year-over-year decline in sales are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100