MakeMyTrip: Q1 Earnings Insights

MakeMyTrip MMYT reported its Q1 earnings results on Wednesday, July 27, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

MakeMyTrip beat estimated earnings by 266.67%, reporting an EPS of $0.05 versus an estimate of $-0.03.

Revenue was up $118.29 million from the same period last year.

Last quarter the company beat on EPS by $0.22 which was followed by a 10.26% increase in the share price the next day.

Here's a look at MakeMyTrip's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	-0.01	-0.13	-0.20
EPS Actual	0.08	0.12	0.09	-0.09
Revenue Estimate	83.60M	112.35M	66.86M	40.54M
Revenue Actual	105.12M	126.98M	86.40M	37.92M

To track all earnings releases for MakeMyTrip visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.