MakeMyTrip (MMYT) Q1 Earnings and Revenues Lag Estimates

MakeMyTrip (MMYT) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this online travel company would post earnings of $0.41 per share when it actually produced earnings of $0.42, delivering a surprise of +2.44%.Over the last four quarters, the ...