Earnings Report: Easy Trip Planners Limited Missed Revenue Estimates By 33%

Last week, you might have seen that Easy Trip Planners Limited (NSE:EASEMYTRIP) released its second-quarter result to the market. The early response was not positive, with shares down 6.5% to ₹30.10 in the past week. Easy Trip Planners reported a serious miss, with revenue of ₹1.4b falling a huge 33% short of analyst estimates. The bright side is that statutory earnings per share of ₹0.58 were in line with forecasts. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Easy Trip Planners after the latest results.

Check out our latest analysis for Easy Trip Planners

Taking into account the latest results, Easy Trip Planners' sole analyst currently expect revenues in 2025 to be ₹6.35b, approximately in line with the last 12 months. Per-share earnings are expected to bounce 121% to ₹1.10. Before this earnings report, the analyst had been forecasting revenues of ₹9.10b and earnings per share (EPS) of ₹1.20 in 2025. It looks like sentiment has fallen somewhat in the aftermath of these results, with a pretty serious reduction to revenue estimates and a small dip in earnings per share numbers as well.

The consensus price target fell 7.9% to ₹41.00, with the weaker earnings outlook clearly leading valuation estimates.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Easy Trip Planners' past performance and to peers in the same industry. It's pretty clear that there is an expectation that Easy Trip Planners' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 3.1% growth on an annualised basis. This is compared to a historical growth rate of 39% over the past three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 20% per year. Factoring in the forecast slowdown in growth, it seems obvious that Easy Trip Planners is also expected to grow slower than other industry participants.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Easy Trip Planners. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of Easy Trip Planners' future valuation.

With that in mind, we wouldn't be too quick to come to a conclusion on Easy Trip Planners. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Easy Trip Planners going out as far as 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 4 warning signs for Easy Trip Planners you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.