Jul. 8 at 12:00 PM
✈️
$RYAAY popped +2.08% premarket after CEO Michael O’Leary dropped bullish summer updates — bookings are hot, prices are rising, and demand isn’t cooling even with record Euro heatwaves.
📈 With Q1 earnings due July 21, Ryanair expects after-tax profit to double YoY. O’Leary isn’t sweating the macro headwinds or last year’s 7% fare drop — he’s calling it a rebound year across key spots like Italy, Greece, Spain & Morocco.
🔥 Bonus: Ryanair just unveiled a
$400M expansion at Warsaw-Modlin airport — aiming to triple passenger traffic by 2030 and double planes on-site.
💪
$RYAAY closed at
$58.29 and shot to
$59.50 premarket. EPS is
$3.43, PE at 16.99, and yield sits at 1.62%. With strong momentum and aggressive growth plans, bulls are eyeing takeoff.
Will July 21 earnings fuel the next leg up?
#RYAAY #airlines #stocks #travelboom