Ryanair Holdings plc provided earnings guidance for the third quarter ended December 31, 2022, fourth quarter of fiscal year 2023 and provided traffic guidance for the fiscal year 2023. For the third quarter, the company expects PAT of close to Ç200 million.
The company expects fourth quarter to be loss making due to the absence of Easter from March, and a recent softening in UK outbound and Irish - Prov. UK traffic and pricing.
For the fiscal year 2023, the company expects traffic guidance of 168 million remains unchanged.