MakeMyTrip (Nasdaq: MMYT) is expected to report Q2 earnings on Nov. 6. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MakeMyTrip's revenues will grow 11.6% and EPS will grow 25.0%.

The average estimate for revenue is $23.8 million. On the bottom line, the average EPS estimate is $0.05.

Revenue details
 Last quarter, MakeMyTrip booked revenue of $23.9 million. GAAP reported sales were 23% higher than the prior-year quarter's $52.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.05. GAAP EPS were -$0.02 for Q1 versus $0.02 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 25.4%, 690 basis points worse than the prior-year quarter. Operating margin was -0.3%, 370 basis points worse than the prior-year quarter. Net margin was -1.3%, 280 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $100.2 million. The average EPS estimate is $0.32.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 45 members out of 68 rating the stock outperform, and 23 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give MakeMyTrip a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MakeMyTrip is outperform, with an average price target of $23.00.

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