MakeMyTrip (MMYT) Q2 Earnings and Revenues Miss Estimates

Core Insights - MakeMyTrip reported quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.45 per share, representing an earnings surprise of -17.78% [1] - The company posted revenues of $229.34 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 13.22% [2] - MakeMyTrip shares have declined approximately 19.9% since the beginning of the year, contrasting with the S&P 500's gain of 16.9% [3] Earnings Performance - Over the last four quarters, MakeMyTrip has surpassed consensus EPS estimates only once [2] - The current consensus EPS estimate for the upcoming quarter is $0.59, with expected revenues of $337.09 million, and for the current fiscal year, the estimate is $2.16 on revenues of $1.19 billion [7] Industry Outlook - The Internet - Delivery Services industry, to which MakeMyTrip belongs, is currently in the top 11% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact MakeMyTrip's stock performance [5]