Stock Track | MakeMyTrip Soars 10% in pre-market as Q1 Earnings Blow Past Estimates on Robust Travel Demand

Stock Track

Aug 03

MakeMyTrip (MMYT) stock surged 10.24% in pre-market trading on Monday, after the online travel giant reported fiscal first-quarter results that handily beat Wall Street earnings estimates, driven by strong travel demand and a sharp rise in gross bookings.

The company posted adjusted diluted earnings per share of $0.53, significantly exceeding the FactSet consensus estimate of $0.31. Revenue for the quarter reached $285.6 million, representing a 16.1% year-over-year increase in constant currency, while gross bookings climbed 19.9% to $2,854.7 million. The upbeat performance underscored the company’s ability to capitalize on sustained consumer appetite for travel and operational efficiency, fueling investor optimism heading into the new fiscal year.

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Revenue for the quarter reached $285.6 million, representing a 16.1% year-over-year increase in constant currency, while gross bookings climbed 19.9% to $2,854.7 million. The upbeat performance underscored the company’s ability to capitalize on sustained consumer appetite for travel and operational efficiency, fueling investor optimism heading into the new fiscal year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMYT","symbol_name":"MakeMyTrip Limited","start_time":0,"source_url":"","article_id":"1113398113","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1113398113","pubTimestamp":1785763957,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MakeMyTrip (MMYT) stock surged 10.24% in pre-market trading on Monday, after the online travel giant reported fiscal first-quarter results that handily beat Wall Street earnings estimates, driven by...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MMYT":"MakeMyTrip Limited"},"translate_title":"股票跟踪 | 由于旅游需求强劲，第一季度盈利超出预期，MakeMyTrip 盘前飙升 10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMYT":1},"content_text":"MakeMyTrip (MMYT) stock surged 10.24% in pre-market trading on Monday, after the online travel giant reported fiscal first-quarter results that handily beat Wall Street earnings estimates, driven by strong travel demand and a sharp rise in gross bookings.The company posted adjusted diluted earnings per share of $0.53, significantly exceeding the FactSet consensus estimate of $0.31. 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