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Ryanair Raises Full-Year Profit Outlook

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The Weekender (Seeking Alpha)

Ryanair Holdings plc (NASDAQ: RYAAY) raised its full-year profit outlook.

Ryanair lifted its profit view to 540 million euros ($728 million), versus its earlier view of 490 to 520 million euro range.

Its profit came in at 18 million euros in three months to December, versus analysts' estimates of 5 million euro loss.

Its revenue surged 15% to 969 million euros in the same quarter.

Ryanair shares closed at $39.38 yesterday.

Posted-In: profitEarnings News Guidance

 

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