RBC Updates Estimates for Ryanair Ahead of Fiscal Q1 Results; Outperform Rating Kept
() -- RBC Capital Markets adjusted its model for Ryanair (RYA.IR), tweaking its earnings forecasts for the Irish budget airline ahead of its fiscal first-quarter results due July 20. "We update macro forecasts ahead of 1Q results, and reflect a lower oil price since our last update in May. We firm EBIT and EPS forecast