MindTree Q2 earnings: Here’s what to expect
MindTree will be reporting its Q2 earnings today. The Street is expecting a recovery quarter. So, dollar revenue growth is seen up about 4.5 percent. Margins are also seen to be improving to 15.3 percent and that will drive an improvement impact by about 10 percent.
The key thing to watch out for is the recovery in the travel and hospitality sector. This contributes about 8 percent of their overall revenue and it was down 50 percent in the last quarter. So, it remains to be seen whether there is a significant recovery here.