Ryanair earnings: Costs and guidance in focus | MarketWatch

FY 2019 GUIDANCE: The company said in November that it doesn’t “share the optimism of competitors and market commentators for summer fare rises.” UBS analyst Jarrod Castle says he expects the company to guide for lower profits in fiscal 2019. Goodbody says that if Ryanair leads the market to conclude that fiscal 2019 profit will decline, the reasons could be either decreased revenue because of a pricing strategy aiming to weaken the competition, or labor costs ending up higher than expected.

Read complete article here:

Ryanair earnings: Costs and guidance in focus – MarketWatch.