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 $-1.74 on revenue of $143.18M. Analysts polled by Investing.com anticipated EPS of $-2.04 on revenue of $155.11M.
Ryanair ADR shares are up 3.39% from the beginning of the year and are trading at $113.71 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 3.26% from the start of the year.
Ryanair ADR shares lost 1.90% in intra-day trade the report.
Ryanair ADR follows other major Transportation sector earnings this month
Ryanair ADR's report follows an earnings beat by United Parcel Service on April 27, who reported EPS of $2.77 on revenue of $22.69B, compared to forecasts EPS of $1.73 on revenue of $20.58B.
Union Pacific had missed expectations on April 22 with first quarter EPS of $2 on revenue of $5B, compared to forecast for EPS of $2.06 on revenue of $5.05B.
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