Analysts expect MakeMyTrip to report an earnings per share (EPS) of $0.26.
MakeMyTrip bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
Last quarter the company beat EPS by $0.11, which was followed by a 6.23% drop in the share price the next day.
Here's a look at MakeMyTrip's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
0.28
0.20
0.24
0.11
EPS Actual
0.39
0.38
0.35
0.25
Price Change %
-6.0%
-1.0%
-4.0%
-2.0%
MakeMyTrip Share Price Analysis
Shares of MakeMyTrip were trading at $104.59 as of October 21. Over the last 52-week period, shares are up 171.6%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts' Perspectives on MakeMyTrip
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding MakeMyTrip.
Analysts have given MakeMyTrip a total of 3 ratings, with the consensus rating being Buy. The average one-year price target is $109.0, indicating a ...
