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 Thursday, April 23, 2020, 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 Tuesday, April 28, 2020 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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