Royal Caribbean Cruises Ltd RCL.N reported quarterly adjusted earnings of $1.63 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.25. The mean expectation of seventeen analysts for the quarter was for earnings of $1.50 per share. Wall Street expected results to range from $1.42 to $1.65 per share.
Revenue rose 12.9% to $3.76 billion from a year ago; analysts expected $3.76 billion.
Royal Caribbean Cruises Ltd's reported EPS for the quarter was $2.02.
The company reported quarterly net income of $553 million.
Royal Caribbean Cruises Ltd shares had risen by 2.7% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the hotels, motels & cruise lines peer group is also "buy"
Wall Street's median 12-month price target for Royal Caribbean Cruises Ltd is $270.00
This summary was machine generated from LSEG data January 28 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 1.50 | 1.63 | Beat |
Sep. 30 2024 | 5.03 | 5.20 | Beat |
Jun. 30 2024 | 2.75 | 3.21 | Beat |
Mar. 31 2024 | 1.33 | 1.77 | Beat |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.