Ryanair Raises Full-Year Profit Outlook
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.
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