Preview Of MakeMyTrip Limited ($MMYT) 1Q21 Earnings

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MakeMyTrip Limited (NASDAQ:MMYT) is set to announce first quarter earning results on Friday 21st August 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, MMYT to report 1Q21 loss of $ 0.5 per share.

For the full year, analysts anticipate top line of $ 251.77 million, while looking forward to loss of $ 1.2 per share bottom line.

Previous Quarter Performance

MakeMyTrip Limited disclosed loss for the fourth quarter of $ 0.17 per share, from the revenue of $ 137.18 million. According to street consensus, MMYT was expected to report 4Q20 loss of $ 0.30 per share from revenue of $ 147.85 million. The bottom line results beat street analysts by $ 0.13 or 43.33 percent, at the same time, top line results fell short of analysts by $ 10.67 million or 7.22 percent.

Stock Performance

The company has a market capital of $ 1.48 billion and is part of the Consumer Cyclical sector and Leisure industry.

Conference Call

MakeMyTrip Limited will be hosting a conference call at 7:30 AM eastern time on 21st August 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, +1 (844) 883-3862 Toll Free or +1 (574) 990-9829 Toll Number, when prompted, enter passcode 6165124 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/3jy2i98u

MakeMyTrip Limited, an online travel company, engages in the business of selling travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, China, Colombia, and Peru. It operates through two segments, Air Ticketing, and Hotels and Packages. The companys services and products include air tickets, hotels, packages, rail tickets, bus tickets, and car hire, as well as ancillary travel requirements, such as facilitating access to travel insurance and visa processing.