Education
About Us
Working with TipRanks
Follow Us
Ryanair (RYAAY)
NASDAQ:RYAAY
Earnings Data
Report Date
May 25, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.95Last Year’s EPS
-0.62Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes multiple operational and financial strengths: traffic and fare recovery, strong revenue growth, disciplined cost control with flat unit costs in Q3, significant fuel hedges for FY '27, solid liquidity and balance sheet, active buyback/dividend returns, and clear long-term fleet/growth plans (MAX 10s to 300 million passengers). Key negatives include a one-off exceptional provision for the Italian AGCM fine (EUR 85m), a 22% decline in Q3 PAT driven largely by the absence of prior-year Boeing compensation, and ongoing exposure to external risks (ATC costs, environmental charges, geopolitical shocks). Management framed the legal issue as likely reversible, reiterated conservative provisioning, and maintained confident guidance for FY profit and traffic growth. Overall, positives (recovering demand, revenue growth, strong hedging and balance sheet, clear growth runway) outweigh the material but manageable negatives.Company Guidance
Quarterly Traffic and Load Factor
Q3 traffic increased 6% to 47.5 million passengers with a stable load factor of 92%.
Revenue and Fares Growth
Q3 revenue rose 9% to EUR 3.21 billion; average fares increased 4% in the quarter and revenue per passenger was up 3%.
Profit Guidance and Full-Year Outlook
Management guides FY '26 profit after tax (pre-exceptionals) of EUR 2.13–2.23 billion and now expects full-year fares to be ~8%–9% (vs prior +7%).
Improved FY Traffic Targets and Long-Term Growth
FY '26 traffic raised to ~208 million (4% growth); FY '27 target of 216 million (4% growth) and long-term target of 300 million passengers by FY '34 supported by a 300 MAX 10 order.
Fleet Progress and MAX 10 Timetable
206 Boeing Gamechangers in service with final 4 due by February (210 total); Boeing MAX 10 certification expected summer 2026 and first 15 deliveries penciled for spring 2027 to drive decade-long growth.
Fuel Hedging Delivering Cost Benefits
80% of FY '27 jet fuel hedged at $67/bbl (management cites ~10% saving); Q4 FY '26 hedged ~84% at ~$77/bbl.
Cost Control and Unit Costs
Very strong cost control in Q3 with unit costs flat in the quarter (pre-exceptional); total costs (ex-AGCM) rose 6% to EUR 3.11 billion.
Balance Sheet Strength and Capital Returns
Gross cash EUR 2.4 billion, net cash ~EUR 1.0 billion; BBB+ ratings; on track to repay a EUR 1.2 billion bond in May 2026 (moving to essentially debt-free). Buyback ~46% complete (EUR ~340 million spent) and an interim dividend ~EUR 0.19 per share declared.
Shareholder Returns and TSR
Three-year total shareholder return of ~153%, placing Ryanair in the upper quartile of the Stoxx Europe 600; ongoing capital allocation balanced between growth (MAX 10s) and returns (dividends, buyback).
RYAAY Earnings History
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
RYAAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 26, 2026 | $70.97 | $69.00 | -2.78% |
Nov 03, 2025 | $62.19 | $64.70 | +4.03% |
Jul 21, 2025 | $55.53 | $59.20 | +6.61% |
May 19, 2025 | $49.45 | $53.37 | +7.94% |
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.
FAQ
When does Ryanair (RYAAY) report earnings?
Ryanair (RYAAY) is schdueled to report earning on May 25, 2026, TBA (Confirmed).
What is Ryanair (RYAAY) earnings time?
Ryanair (RYAAY) earnings time is at May 25, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RYAAY EPS forecast?
RYAAY EPS forecast for the fiscal quarter 2026 (Q4) is -0.95.
