Investing.com - Ryanair (LON:RYA) 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 €-1.08 on revenue of €1.22B. Analysts polled by Investing.com anticipated EPS of €-1.24 on revenue of €1.32B.
Ryanair ADR shares are down 20.75% from the beginning of the year and are trading at €81.10 , down-from-52-week-high.They are outperforming the Nasdaq which is down 24.76% from the start of the year.
Ryanair ADR shares lost 2.29% in intra-day trade the report.
Ryanair ADR follows other major Industrials sector earnings this month
Ryanair ADR's report follows an earnings beat by United Parcel Service on April 26, who reported EPS of €3.05 on revenue of €24.38B, compared to forecasts EPS of €2.89 on revenue of €23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of €2.57 on revenue of €5.86B, compared to forecast for EPS of €2.56 on revenue of €5.71B.
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