Ryanair Holdings Q3 EPS $0.01 Vs $0.90 YoY, Sales $2.90B Miss $2.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ryanair Holdings reported a significant decrease in earnings per share (EPS) for Q3, with $0.01 compared to $0.90 year-over-year (YoY). The company's sales of $2.90 billion also fell short of the estimated $2.94 billion.
January 29, 2024 | 9:57 am
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Ryanair Holdings reported a sharp decline in Q3 EPS from $0.90 to $0.01 YoY and missed sales estimates, reporting $2.90B against the expected $2.94B.
The substantial drop in EPS and the missed sales estimate are likely to negatively impact investor sentiment and could lead to a short-term decline in Ryanair's stock price. The earnings miss is significant and directly pertains to the company's financial performance, which is a critical factor for investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100