Ryanair Warns Visibility Has Deteriorated, Shelves Full-Year Profit Outlook
Ryanair (RYAAY) stock slides nearly 6% after Q1 earnings miss estimates and profits drop 34%. Get the full financial breakdown.
Ryanair made less money than expected this quarter, so the company stopped saying what profits it thinks it will make for the whole year. When a company can't see ahead clearly and pulls back predictions, it means something uncertain or tough is happening in their business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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