Why Is Ryanair (RYAAY) Stock Down 14% Today?
RYAAYRyanair(RYAAY) Investor Place·2024-07-22 20:56

Ryanair (NASDAQ:RYAAY) stock is dropping on Monday after the company provided investors with its earnings results for its fiscal first quarter of 2025.The bad news for Ryanair starts with its revenue of 3.63 billion euros. That’s a 1% drop year-over-year. The company mentions that part of this slip is due to an 11% increase in operating costs.The company’s negative earnings report for fiscal Q1 also includes profits of 360 million euros. To put that in perspective, the company reported a profit of 662.9 mil ...