Investing.com - Ryanair ADR reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ryanair ADR announced earnings per share of €-1.3 on revenue of €1.18B. Analysts polled by Investing.com anticipated EPS of €-1.31 on revenue of €1.35B. That with comparison to EPS of €-0.84 on revenue of €1.42B in the same period a year before.Ryanair ADR had reported EPS of €0.43 on revenue of €2.11B in the previous quarter.Analysts are expecting EPS of €-0.34 and revenue of €1.33B in the upcoming quarter.
Ryanair ADR shares are down 43% from the beginning of the year and are trading at €49.75 , down-from-52-week-high.They are under-performing the Nasdaq which is down 0.28% year to date.
Ryanair ADR follows other major Transportation sector earnings this month
Ryanair ADR's report follows an earnings beat by Union Pacific on April 23, who reported EPS of €2.15 on revenue of €5.23B, compared to forecasts EPS of €1.9 on revenue of €5.11B.
United Parcel Service had missed expectations on April 28 with first quarter EPS of €1.15 on revenue of €18.04B, compared to forecast for EPS of €1.24 on revenue of €17.26B.
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