Ryanair Holdings Q1 EPS $0.63 Down From $0.88 YoY, Sales $3.99B Up From $2.77B YoY
Portfolio Pulse from Benzinga Newsdesk
Ryanair Holdings (NASDAQ:RYAAY) reported a decrease in Q1 earnings per share from $0.88 last year to $0.63 this year, a 28.41% decrease. However, the company's sales increased by 43.89% from $2.77 billion to $3.99 billion over the same period.
July 24, 2023 | 6:36 am
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Ryanair's Q1 earnings per share decreased by 28.41% YoY, but sales increased by 43.89%.
While Ryanair's earnings per share decreased, the significant increase in sales could offset the potential negative impact on the stock price. The mixed results make the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100