The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MakeMyTrip's revenues will grow 0.0% and EPS will shrink to a loss.
The average estimate for revenue is $22.1 million. On the bottom line, the average EPS estimate is -$0.06.
Last quarter, MakeMyTrip booked revenue of $22.4 million. GAAP reported sales were 19% higher than the prior-year quarter's $53.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.07. GAAP EPS were -$0.14 for Q3 compared to $0.00 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 20.0%, 910 basis points worse than the prior-year quarter. Operating margin was -9.5%, much worse than the prior-year quarter. Net margin was -8.2%, 830 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $88.6 million. The average EPS estimate is -$0.05.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 41 members out of 61 rating the stock outperform, and 20 members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), nine give MakeMyTrip a green thumbs-up, and five 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 $15.67.
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