Skip to main content

Market Overview

Ryanair Holdings: Q3 Earnings Insights

Share:

 

Shares of Ryanair Holdings (NASDAQ:RYAAY) rose 2.6% in pre-market trading after the company reported Q3 results.

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

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.

 

Related Articles (RYAAY)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com