MakeMyTrip(MMYT)

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MakeMyTrip(MMYT) - 2025 Q2 - Earnings Call Transcript
2024-10-23 14:44
MakeMyTrip Limited (NASDAQ:MMYT) Q2 2025 Earnings Conference Call October 23, 2024 7:30 AM ET Company Participants Rajesh Magow - Co-Founder & Group Chief Executive Officer Mohit Kabra - Group Chief Financial Officer Vipul Garg - Vice President, Investor Relations Conference Call Participants Sachin Salgaonkar - Bank of America Manish Adukia - Goldman Sachs Gaurav Rateria - Morgan Stanley Aditya Suresh - Macquarie Vijit Jain - Citi Ankur Rudra - JPMorgan Manik Taneja - Axis Capital Vipul Garg Hello everyon ...
MakeMyTrip (MMYT) Surpasses Q2 Earnings Estimates
ZACKS· 2024-10-23 12:35
MakeMyTrip (MMYT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this online travel company would post earnings of $0.20 per share when it actually produced earnings of $0.39, delivering a surprise of 95%.Over the last four quarters, the com ...
MakeMyTrip(MMYT) - 2025 Q2 - Quarterly Report
2024-10-23 10:04
Notes: Financial Highlights for Fiscal 2025 Second Quarter Exhibit 99.1 MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2025 SECOND QUARTER RESULTS Gurugram, India and New York, October 23, 2024 — MakeMyTrip Limited (NASDAQ: MMYT), India's leading travel service provider, today announced its unaudited interim financial and operating results for its fiscal second quarter ended September 30, 2024. | | | For the three | | For the three | | YoY | For the six | | For the six | | | | --- | --- | --- | --- | --- | --- | --- | ...
MakeMyTrip (MMYT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-16 15:05
Wall Street expects a year-over-year increase in earnings on higher revenues when MakeMyTrip (MMYT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2 ...
MakeMyTrip Ltd (MMYT) Shares Down 5.17% on Oct 2
Gurufocus· 2024-10-02 16:07
Shares of MakeMyTrip Ltd (MMYT, Financial) fell 5.17% in mid-day trading on Oct 2. The stock reached an intraday low of $86.64, before recovering slightly to $86.93, down from its previous close of $91.67. This places MMYT 21.32% below its 52-week high of $110.49 and 136.16% above its 52-week low of $36.81. Trading volume was 727,062 shares, 120.8% of the average daily volume of 601,739. Wall Street Analysts Forecast Based on the one-year price targets offered by 9 analysts, the average target price for Mak ...
MakeMyTrip (MMYT) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-09-27 23:21
MakeMyTrip (MMYT) closed the most recent trading day at $94.96, moving +0.48% from the previous trading session. This change outpaced the S&P 500's 0.13% loss on the day. At the same time, the Dow added 0.33%, and the tech-heavy Nasdaq lost 0.39%. The the stock of online travel company has fallen by 2.54% in the past month, lagging the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43%. Investors will be eagerly watching for the performance of MakeMyTrip in its upcoming earnings d ...
MakeMyTrip (MMYT) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-09-18 23:20
Group 1 - MakeMyTrip (MMYT) closed at $105.76, with a +1.41% change, outperforming the S&P 500, which fell by 0.29% [1] - The stock has gained 11.54% over the past month, while the Computer and Technology sector lost 1.17% [1] Group 2 - The upcoming earnings disclosure is anticipated, with a consensus revenue estimate of $216.03 million, reflecting a 28.06% increase year-over-year [2] - For the fiscal year, earnings are projected at $1.71 per share and revenue at $946.59 million, indicating increases of +40.16% and +20.97% respectively [2] Group 3 - Recent changes in analyst estimates for MakeMyTrip are crucial as they indicate business trends and analysts' confidence in performance [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [4][5] Group 4 - MakeMyTrip's current Forward P/E ratio is 60.99, significantly higher than the industry's Forward P/E of 23.73 [6] - The PEG ratio for MMYT is 4.49, compared to the Internet - Delivery Services industry's average PEG ratio of 2.55 [6] Group 5 - The Internet - Delivery Services industry ranks in the top 21% of all industries, with a Zacks Industry Rank of 52 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Here's Why MakeMyTrip (MMYT) Fell More Than Broader Market
ZACKS· 2024-09-05 23:01
In the latest trading session, MakeMyTrip (MMYT) closed at $93.76, marking a -0.87% move from the previous day. This change lagged the S&P 500's daily loss of 0.3%. Meanwhile, the Dow experienced a drop of 0.54%, and the technology-dominated Nasdaq saw an increase of 0.25%. Heading into today, shares of the online travel company had gained 6.76% over the past month, outpacing the Computer and Technology sector's gain of 1.22% and the S&P 500's gain of 3.42% in that time. The upcoming earnings release of Mak ...
MakeMyTrip Stock Soaring and Could Grow More
FX Empire· 2024-08-27 14:40
FX Empire Logo English check-icon Italiano Español Português Deutsch العربية Français Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial ...
Wall Street Bulls Look Optimistic About MakeMyTrip (MMYT): Should You Buy?
ZACKS· 2024-08-27 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about MakeMyTrip (MMYT) . MakeMyTrip currently has an average brokerage recommen ...