HomeInvestmentRyanair's 2nd quarter ADR earnings outperform Investing.com

Ryanair’s 2nd quarter ADR earnings outperform Investing.com

Investing.com – ADR Ryanair stated Monday that second-quarter outcomes beat analysts’ forecasts and income fell wanting expectations.

ADR Ryanair introduced earnings per share of € 1.14 on revenues of € 2.06 billion. Analysts polled by Investing.com anticipated earnings per share of € 1.06 on revenues of € 2.22 billion.

Ryanair shares are up 3.21% YTD to commerce at € 113.51, under their 52-week excessive. They lag behind the Nasdaq Index, which is up 20.25% YTD.

ADR Ryanair follows stories from different main corporations within the transport sector this month.

Ryanair’s ADR report follows United Parcel Service’s earnings on Oct. 26, which reported earnings per share of € 2.71 on revenues of € 23.11 billion, whereas earnings per share forecast was € 2.55 on income of twenty-two.57 billion euros.

On October 21, Union Pacific beat expectations with third-quarter earnings per share of € 2.57 on revenues of € 5.57 billion, in contrast with a forecast of € 2.48 on revenues of € 5.41 billion.

Keep on prime of all upcoming earnings stories by visiting Investing.com’s earnings calendar.

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