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Shares of Ryanair Holdings (NASDAQ:RYAAY) rose 2.6% in pre-market trading after the company reported Q3 results.
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Quarterly Results
Earnings per share were down 477.78% year over year to ($0.34), which may not compare to the estimate of ($1.34).
Revenue of $406,813,000 decreased by 80.95% from the same period last year, which missed the estimate of $510,010,000.
Guidance
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Earnings guidance hasn't been issued by the company for now.
Ryanair Holdings hasn't issued any revenue guidance for the time being.
Technicals
52-week high: $118.17
Company's 52-week low was at $44.44
Price action over last quarter: Up 14.12%
Company Overview
Ryanair is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In fiscal year 2020, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.