Ryanair's earnings call highlighted strong Q3 profit and traffic growth, effective cost management, and a solid financial position. However, challenges such as Boeing delivery delays, legal issues in Spain, and cost inflation present significant concerns. The company's cautious outlook on future pricing and traffic targets adds uncertainty.
Company Guidance
In the Ryanair Q3 results call for fiscal year 2025, the company reported a profit after tax of EUR149 million, driven by a 9% increase in traffic to 45 million passengers and slightly higher average fares. Despite this quarterly performance, the nine-month cumulative profit was 12% lower than the previous year, attributed to an 8% drop in airfares. Ancillary revenue rose by 10% to EUR1.04 billion, while operating costs increased by 8% to EUR2.93 billion, partially offset by fuel hedge savings. Ryanair completed over 60% of its EUR800 million share buyback program, with an expectation to return almost EUR9 billion to shareholders by mid-2025. Challenges included Boeing aircraft delivery delays, leading to a revised FY 2026 traffic target of 206 million passengers, down from the initial 215 million. The company remains cautiously optimistic about the upcoming summer, with full-year 2025 profit after tax projected between EUR1.55 billion and EUR1.61 billion, contingent on external factors such as Boeing delivery schedules and geopolitical conflicts.
Q3 Profit and Traffic Growth
Ryanair reported a Q3 profit after tax of EUR149 million with a 9% increase in traffic to 45 million passengers.
Strong Ancillary Revenue
Ancillary revenues in Q3 rose 10% to EUR1.04 billion, with improvements in the OTA partnerships.
Successful Cost Management
Operating costs increased by 8% with 9% traffic growth, with fuel hedge savings offsetting higher staff and other costs.
Sound Financial Position
Gross cash was EUR2.77 billion with a net cash balance of over EUR70 million despite significant CapEx and share buybacks.
Hedging Strategy
The company is over 75% hedged at $77 a barrel for the next year, providing stability against fuel price volatility.
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Ryanair Holdings (RYAAY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RYAAY Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 27, 2025
$46.14
$46.22
+0.17%
Nov 04, 2024
$45.04
$43.58
-3.24%
Jul 22, 2024
$44.82
$37.91
-15.42%
May 20, 2024
$49.24
$48.10
-2.32%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ryanair Holdings (RYAAY) report earnings?
Ryanair Holdings (RYAAY) is schdueled to report earning on Jan 27, 2025, TBA Not Confirmed.
What is Ryanair Holdings (RYAAY) earnings time?
Ryanair Holdings (RYAAY) earnings time is at Jan 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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