Ryanair Holdings plc said its normalized net income for the fiscal second quarter ended Sept. 30 was 53 euro cents per share, compared with the S&P Capital IQ consensus estimate of 77 cents per share.
EPS climbed 5.0% year over year from 51 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €641.9 million, compared with €639.0 million in the prior-year period.
The normalized profit margin declined to 25.5% from 26.1% in the year-earlier period.
Total revenue increased on an annual basis to €2.52 billion from €2.44 billion, and total operating expenses increased 5.1% year over year to €1.47 billion from €1.40 billion.
Reported net income decreased on an annual basis to €895.4 million, or 74 cents per share, from €912.1 million, or 72 cents per share.
