Royal Caribbean Cruises Ltd <RCL.N> expected to post earnings of $5.03 a share - Earnings Preview
Royal Caribbean Cruises Ltd RCL.N, RCL is expected to show a rise in quarterly revenue when it reports results on October 29 for the period ending September 30 2024
The Miami Florida-based company is expected to report a 17.8% increase in revenue to $4.9 billion from $4.16 billion a year ago, according to the mean estimate from 16 analysts, based on LSEG data. (Sales is on Gross Revenue basis)
LSEG's mean analyst estimate for Royal Caribbean Cruises Ltd is for earnings of $5.03 per share. The company's EPS guidance on July 25 2024, for the period ended September 30, was between $4.90 and $5.00
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Royal Caribbean Cruises Ltd is $187.00, below its last closing price of $203.05.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 2.77 | 2.75 | 3.21 | Beat | 16.5 |
Mar. 31 2024 | 1.33 | 1.33 | 1.77 | Beat | 32.9 |
Dec. 31 2023 | 1.14 | 1.13 | 1.25 | Beat | 10.7 |
Sep. 30 2023 | 3.46 | 3.46 | 3.85 | Beat | 11.2 |
Jun. 30 2023 | 1.54 | 1.59 | 1.82 | Beat | 14.4 |
Mar. 31 2023 | -0.71 | -0.70 | -0.23 | Beat | 67.3 |
Dec. 31 2022 | -1.32 | -1.34 | -1.12 | Beat | 16.5 |
Sep. 30 2022 | 0.13 | 0.19 | 0.26 | Beat | 39.2 |
This summary was machine generated October 25 at 13:10 GMT. 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)
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