Investing.com - Ryanair ADR reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ryanair ADR announced earnings per share of €-0.17 on revenue of €125.2M. Analysts polled by Investing.com anticipated EPS of €-0.65 on revenue of €66.51M.
Ryanair ADR shares are down 16.04% from the beginning of the year and are trading at €73.56 , down-from-52-week-high.They are under-performing the Nasdaq which is up 15.5% from the start of the year.
Ryanair ADR follows other major Transportation sector earnings this month
Ryanair ADR's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of €1.67 on revenue of €4.24B, compared to forecasts EPS of €1.56 on revenue of €4.39B.
Canadian National Railway had beat expectations on July 21 with second quarter EPS of €1.28 on revenue of €3.21B, compared to forecast for EPS of €1.25 on revenue of €3,238M.
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