Royal Caribbean Cruises Ltd RCL reported upbeat earnings for the third quarter.
Royal Caribbean Cruises Ltd. RCL shares are trading higher on Tuesday.
Royal Caribbean Cruises Ltd. (NYSE:RCL ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Blake Vanier - Vice President of Investor Relations Jason Liberty - President and Chief Executive Officer Naftali Holtz - Chief Financial Officer Michael Bayley - President and Chief Executive Officer, Royal Caribbean International Conference Call Participants Brandt Montour - Barclays Bank Steven Wieczynski - Stifel, Nicolaus & Company, Inc. Matthew Boss - JPMorgan Chase & Co. Vince Ciepiel - Cleveland Research Company Benjamin Chaiken - Mizuho Securities USA Lizzie Dove - Goldman Sachs Group, Inc. Robin Farley - UBS Conor Cunningham - Melius Research James Hardiman - Citigroup Inc. Operator Good morning.
RCL's third-quarter performance benefits from stronger pricing on close-in demand, continued growth in onboard revenues and reduced costs.
Although the revenue and EPS for Royal Caribbean (RCL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Royal Caribbean (RCL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Royal Caribbean Cruises Ltd (NYSE:RCL) has increased earnings guidance for the year on an uptick in revenue over the third quarter but warned of a hit from Hurricane Milton. Guidance for adjusted per-share earnings was increased by 1.7% at the midpoint to between $11.57 and $11.62 for the full year in third-quarter results on Tuesday.
Royal Caribbean (RCL) came out with quarterly earnings of $5.20 per share, beating the Zacks Consensus Estimate of $5.05 per share. This compares to earnings of $3.85 per share a year ago.
Royal Caribbean's stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.
The cruise operator said demand remained robust and pricing was proving strong as it hiked its annual profit forecast.
Royal Caribbean on Tuesday raised its annual profit forecast for a fourth time this year, boosted by the cruise operator's multiple ticket price hikes and higher demand for cruises to private destinations and cooler spots.
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.