Investing.com - Ryanair (NASDAQ:RYAAY) ADR reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ryanair ADR announced earnings per share of €1.01 on revenue of €2.66B. Analysts polled by Investing.com anticipated EPS of €1.69 on revenue of €2.63B.
Ryanair ADR shares are down 30.65% from the beginning of the year and are trading at €70.97 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.36% from the start of the year.
Ryanair ADR follows other major Industrials sector earnings this month
Ryanair ADR's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of €2.93 on revenue of €6.27B, compared to forecasts EPS of €2.84 on revenue of €6.12B.
Lockheed Martin had missed expectations on Tuesday, July 19, 2022 with second quarter EPS of €1.16 on revenue of €15.45B, compared to forecast for EPS of €1.88 on revenue of €15.98B.
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