MakeMyTrip Limited (MMYT) Q2 2022 Earnings Results

MakeMyTrip Misses on EPS, Stock Up 3.30%

Despite missing on EPS, MakeMyTrip's stock rose by 3.30% following the earnings report. This increase may reflect investor confidence in the ongoing recovery of the travel sector, as management noted improvements in customer bookings. The lack of revenue data and guidance suggests uncertainty, but the positive stock reaction indicates some optimism among investors.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-0.20	N/A	N/A
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed cautious optimism about the travel recovery. They emphasized the importance of customer engagement and operational efficiency.

Management highlighted ongoing recovery in travel demand.

They noted improvements in customer bookings compared to previous quarters.

MakeMyTrip Misses on EPS, Stock Up 3.30%

Key numbers

Management commentary

MakeMyTrip Limited

More earnings this week

MakeMyTrip Misses on EPS, Stock Up 3.30%

Key numbers

Management commentary