Ryanair reports $1.85B in net profit, beating Wall Street expectations

Specifically, the Dublin-based airline recorded earnings of $3.54 per share, compared with the average analyst estimate of $3.49 per share, according to a survey of three analysts conducted by Zacks Investment Research.

Meanwhile, Ryanair’s revenue reached $6.56 billion, also exceeding market expectations of $6.47 billion.

The results confirm that the airline outperformed market expectations in both profitability and revenue, delivering stronger performance than analysts had forecast for the quarter.