Yatra Online, Inc. (YTRA) Reports Break-Even Earnings for Q2

Core Viewpoint - Yatra Online, Inc. reported break-even quarterly earnings per share, surprising analysts who expected a loss, and significantly increased revenues compared to the previous year [1][2]. Financial Performance - The company achieved revenues of $28.22 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 136.71$11.41 million a year ago [2]. - Over the last four quarters, Yatra Online has surpassed consensus EPS estimates only once [2]. - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of$15.02 million, and for the current fiscal year, it is $0.02 on revenues of$55.89 million [7]. Stock Performance - Yatra Online shares have declined approximately 16.6% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6]. Industry Outlook - The Internet - Services industry, to which Yatra Online belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].