Ryanair (RYAAY) Q1 Earnings & Revenues Lag Estimates, Down Y/Y

RYAAY's profit after tax of €360 million decreased 46% year over year. Traffic grew 10% year over year despite multiple Boeing delivery delays. Ryanair Holdings plc (RYAAY) reported disappointing first-quarter fiscal 2025 (ended Jun 30, 2024) results wherein both earnings and revenues lagged the Zacks Consensus Estimate. Load factor came in at 94% in the reported quarter. Average fares were down 15%. Ryanair expects its traffic view for fiscal 2025 to grow 8%, subject to Boeing deliveries returning to contr ...