Ryanair Holdings plc American Depositary Receipt (RYAAY)
Ryanair shares tumble 11% as budget airline reports 46% fall in quarterly profit, sees lower fares
Ryanair shares fell on Monday after the company said its quarterly profit after tax had tumbled by 46% in the three months to the end of June. Ryanair cited weaker-than-anticipated fares and the Easter season falling into the previous quarter as reasons for the drop in profit.
Ryanair quarterly profit misses estimates, warns of weaker summer fares
Ryanair on Monday reported a 46% fall in after-tax profit for its April-June quarter from the prior year, missing analyst estimates, and warned that fares for its key summer months would be "materially lower" than last year.
Holiday rebound tipped for easyJet and Ryanair
Analysts at UBS have a bullish view on upcoming earnings reports from big-cap budget carriers easyJet plc and Ryanair Holdings PLC (LSE:RYA). UBS reckons easyJet's third-quarter revenues will outperform City forecasts, with the bank predicting £2.87 billion, up from £2.36 billion in the previous year's third quarter and exceeding the consensus estimate of £2.66 billion.
Ryanair (RYAAY) Posts Impressive June 2024 Traffic Numbers
Ryanair's (RYAAY) load factor for June 2024 remained flat at 95%.
Ryanair records record number of passengers in June
Europe's largest budget airline Ryanair Holdings PLC (LSE:RYA) carried 19.3 million passengers in June, marking a new monthly record. It was up 11% from the 17.7 million passengers in June 2023, with the fleet's load factor unchanged at 95%.
Ryanair traffic rises 11% to record high in June
Ryanair flew a record 19.3 million passengers in June, up 11% from a year earlier, the low-cost airline said on Tuesday.
Ryanair: Summer Is Coming With Softer Price
Lowered estimates for the year due to a softer pricing environment and higher CAPEX investments. Ryanair still has a unique cost basis compared to peers. Change to forecasts result in EPS downgrades. That said, Ryanair is still a buy on a 12-month estimate.
Here's Why You Should Retain Ryanair (RYAAY) Stock Now
Ryanair's (RYAAY) top line benefits from robust passenger volumes. RYAAY's fleet upgrade efforts are also commendable.
Ryanair (RYAAY) Posts Impressive May 2024 Traffic Numbers
Ryanair's (RYAAY) load factor for May 2024 improved to 95% from 94% in the year-ago period, driven by a buoyant traffic scenario.
Ryanair hails victory against OTA ‘pirate' eDreams
Ryanair Holdings PLC (LSE:RYA) has welcomed the Italian competition regulator's decision to reject online travel agency (OTA) eDreams' request for an injunction against Ryanair's direct distribution policy. The AGCM found no danger of serious and irreparable damage to competition in a ruling published on Thursday.
Ryanair (RYAAY) Q4 Loss Narrower Than Expected, Revenues Top
Ryanair's (RYAAY) fourth-quarter fiscal 2024 results benefit from solid traffic recovery.
Ryanair Holdings plc (RYAAY) Q4 2024 Earnings Call Transcript
Ryanair Holdings plc (NASDAQ:RYAAY ) Q4 2024 Results Conference Call May 20, 2024 5:00 AM ET Company Participants Michael O'Leary - CEO Neil Soraha - CFO Peter Larkin - Head of IR Michael O'Leary All right. So good morning, ladies and gentlemen.
