Ryanair: Fiscal Q2 Earnings Snapshot

Ryanair Holdings PLC reported fiscal second-quarter profit of $1.85 billion on Monday, beating Wall Street expectations, according to results released from Dublin, Ireland. On a per-share basis, the airline said net income came to $3.54. Analysts surveyed by Zacks Investment Research had forecast $3.49 per share. Revenue for the quarter totaled $6.56 billion, also ahead of forecasts. Zacks’ average estimate for sales was $6.47 billion, based on three analysts’ projections. The update adds to Ryanair’s recent momentum as it continues operating out of Dublin and tracking stronger earnings performance than expected.