Equities analysts expect MakeMyTrip (NASDAQ:MMYT) to announce earnings per share (EPS) of ($0.57) for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for MakeMyTrip’s earnings, with the lowest EPS estimate coming in at ($0.74) and the highest estimate coming in at ($0.40). MakeMyTrip reported earnings of ($0.42) per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 35.7%. The firm is scheduled to issue its next earnings report on Friday, May 18th.
According to Zacks, analysts expect that MakeMyTrip will report full-year earnings of ($2.15) per share for the current financial year, with EPS estimates ranging from ($2.20) to ($2.08). For the next year, analysts expect that the business will post earnings of ($1.53) per share, with EPS estimates ranging from ($2.04) to ($1.15). Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover MakeMyTrip.
MakeMyTrip (NASDAQ:MMYT) last announced its earnings results on Thursday, February 8th. The technology company reported ($0.41) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.49) by $0.08. The firm had revenue of $151.40 million during the quarter, compared to analyst estimates of $143.89 million. MakeMyTrip had a negative net margin of 38.95% and a negative return on equity of 12.00%. MakeMyTrip’s revenue was up 97.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.12) EPS.
Large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. bought a new position in shares of MakeMyTrip during the 3rd quarter valued at about $135,000. Castleark Management LLC bought a new position in shares of MakeMyTrip during the 4th quarter valued at about $152,000. Legal & General Group Plc bought a new position in shares of MakeMyTrip during the 3rd quarter valued at about $238,000. Jane Street Group LLC boosted its position in shares of MakeMyTrip by 190.5% during the 4th quarter. Jane Street Group LLC now owns 8,134 shares of the technology company’s stock valued at $243,000 after purchasing an additional 17,117 shares in the last quarter. Finally, Majedie Asset Management Ltd bought a new position in shares of MakeMyTrip during the 3rd quarter valued at about $259,000. Institutional investors own 46.99% of the company’s stock.
MakeMyTrip (NASDAQ MMYT) opened at $33.25 on Friday. The stock has a market cap of $3,048.26, a PE ratio of -12.36 and a beta of -0.01. MakeMyTrip has a 12-month low of $22.40 and a 12-month high of $40.90.
MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and internationally. MakeMyTrip Limited, an online travel company, engages in the business of selling travel products and solutions in India, the United States, the Netherlands, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Hong Kong, and Bangladesh.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for MakeMyTrip Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MakeMyTrip and related companies with MarketBeat.com's FREE daily email newsletter.