Ryanair (RYAAY) Q4 Loss Narrower Than Expected, Revenues Top

Ryanair Holdings plc (RYAAY) reported fourth-quarter fiscal 2024 (ended Mar 31, 2024) loss of $1.31 per share, which was narrower than the Zacks Consensus Estimate of$1.32 and improved year over year. Revenues of $2,356 million beat the Zacks Consensus Estimate of$2,332.7 million. Revenues improved year over year, driven by upbeat passenger volumes. On the back of the buoyant traffic scenario, RYAAY's profit after tax of €1.92 billion increased 34% year over year. Total operating costs grew 24% to €11.38 ...