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Ryanair Holdings (DE:RY4C)
XETRA:RY4C
Earnings Data
Report Date
May 25, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.4Last Year’s EPS
-0.28Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives — solid traffic and revenue growth, flat unit costs in the quarter, favorable fuel hedges, fleet delivery progress, a healthy balance sheet and substantial shareholder returns — while acknowledging several notable negatives: a 22% decline in Q3 PAT driven by the absence of prior Boeing compensation and a EUR 85m provision against a EUR 256m Italian fine, plus ongoing external risks (ATC strikes, geopolitical exposure) and modest unit‑cost headwinds. On balance, highlights outweigh the lowlights given management confidence on legal appeals, hedging, fleet improvements and capital flexibility.Company Guidance
Quarterly traffic and revenue growth
Q3 traffic rose 6% to 47.5 million passengers; revenue for the quarter increased 9% to EUR 3.21 billion; average fares in Q3 rose ~4% and revenue per passenger was up ~3%.
Strong cost control and ancillary performance
Unit costs were flat in the quarter (pre-exceptional); ancillary income grew ~7% year‑on‑year (about +1% on a per‑passenger basis), supporting margin resilience.
Confirmed full‑year traffic upgrade and multi‑year growth plan
FY26 traffic guidance raised to ~208 million passengers (up 4% YoY). Management targets ~216 million passengers in FY27 (another 4% growth) and a long‑term plan to reach 300 million passengers by FY34 supported by a 300 MAX 10 order book.
Fuel hedging delivering material savings
80% of FY27 jet fuel hedged at $67/barrel, expected to deliver ~10% lower fuel costs next year; Q4 FY26 ~84% hedged at ~$76–77/barrel.
Fleet progress and efficiency improvements
206 'Gamechanger' aircraft in the fleet of 643 as of Dec 31 with final 4 deliveries due in Feb; Boeing MAX 10 certification expected summer 2026 and first 15 deliveries planned in spring 2027 — aircraft that offer ~20% more seats and ~20% lower fuel burn.
Strong balance sheet, liquidity and shareholder returns
Gross cash EUR 2.4 billion and net cash ~EUR 1.0 billion; investment‑grade ratings (BBB+); on track to repay a EUR 1.2 billion bond in May 2026 (moving towards debt‑free); 46% of the EUR 750 million buyback completed (~EUR 340 million spent) and an interim dividend of ~EUR 0.19 per share declared.
Solid medium‑term financial guidance
Cautious full‑year FY26 profit after tax (pre‑exceptionals) guidance of EUR 2.13 billion to EUR 2.23 billion; management sees fares recovering ahead of prior guidance (now ~+8%–9% for the year vs prior +7%).
Market outperformance (TSR) and operational ratings
Total shareholder return over the last 3 years +153% (top quartile of Stoxx Europe 600); customer satisfaction score YTD 89% and strong ESG ratings.
DE:RY4C 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
DE:RY4C Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 26, 2026 | €28.54 | €28.41 | -0.46% |
Nov 03, 2025 | €26.19 | €26.81 | +2.39% |
Jul 21, 2025 | €22.90 | €24.00 | +4.81% |
May 19, 2025 | €21.44 | €22.30 | +3.99% |
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 Holdings (DE:RY4C) report earnings?
Ryanair Holdings (DE:RY4C) is schdueled to report earning on May 25, 2026, Before Open (Confirmed).
What is Ryanair Holdings (DE:RY4C) earnings time?
Ryanair Holdings (DE:RY4C) earnings time is at May 25, 2026, Before Open (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 the P/E ratio of Ryanair Holdings stock?
The P/E ratio of Ryanair Holdings is N/A.
What is DE:RY4C EPS forecast?
DE:RY4C EPS forecast for the fiscal quarter 2026 (Q4) is -0.4.