The 10-second takeaway
For the quarter ended Dec. 31 (Q3), Ryanair Holdings beat slightly on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded, and GAAP earnings per share grew.
Margins expanded across the board.
Ryanair Holdings recorded revenue of $1.10 billion. The six analysts polled by S&P Capital IQ predicted revenue of $1.08 billion. Sales were 9.6% higher than the prior-year quarter's $1.00 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.07. The two earnings estimates compiled by S&P Capital IQ averaged $0.03 per share on the same basis. GAAP EPS were $0.01 for Q3 against -$0.01 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 17.4%, 220 basis points better than the prior-year quarter. Operating margin was 3.5%, 350 basis points better than the prior-year quarter. Net margin was 1.8%, 320 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $966.2 million. On the bottom line, the average EPS estimate is -$0.41.
Next year's average estimate for revenue is $5.55 billion. The average EPS estimate is $2.21.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ryanair Holdings is outperform, with an average price target of $37.48.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.