About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.97%. A quarter ago, it was expected that this cruise operator would post earnings of $2.77 per share when it actually produced earnings of $3.21, delivering a surprise of 15.88%.Over the last four quarters, the co ...

The popular cruise line operator gears up for a financial update it can't afford to sink.It's time for the world's most valuable cruise line operator -- by market cap and enterprise value -- to offer up fresh financials. Royal Caribbean Cruises (RCL -1.05%) will step up with its third-quarter report on Tuesday morning.Expectations are high for the company with a fleet of 68 ships across five different brands. The shares hit an all-time high this month, more than quadrupling since the start of last year. Thi ...

Royal Caribbean Cruises Ltd. (RCL) is scheduled to release third-quarter 2024 results on Oct. 29, 2024.The Zacks Consensus Estimate for RCL’s third-quarter earnings per share (EPS) is pegged at $5.04, suggesting 30.9% growth from $3.85 reported in the prior-year quarter. The consensus mark has increased by 1.2% in the past 60 days.The consensus mark for third-quarter revenues is pegged at $4.86 billion, indicating growth of 16.8% from the year-ago quarter’s reported figure.Royal Caribbean has an impressive ...

My primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for these companies to demonstrate a long-term capability of capital compounding, with a high enough compound annual growth rate to potentially deliver tenfold returns or even greater.My approach is to maintain a long-term ...

Core Viewpoint - Royal Caribbean is expected to report strong quarterly earnings and revenue growth, with significant increases in key metrics compared to the previous year [1][2][3] Group 1: Earnings and Revenue Estimates - The anticipated earnings per share (EPS) for Royal Caribbean is $5.04, reflecting a 30.9% increase year over year [1] - Analysts forecast revenues of $4.86 billion, indicating a 16.8% year-over-year growth [1] - There has been a downward revision of 5.5% in the consensus EPS estimate over the past 30 days, suggesting a reappraisal by analysts [1] Group 2: Key Metrics Forecast - 'Revenues- Onboard and other' are expected to reach $1.41 billion, a 15.3% increase year over year [2] - 'Revenues- Passenger ticket' is projected to be $3.48 billion, representing an 18.3% year-over-year growth [2] - The consensus estimate for 'Available Passenger Cruise Days (APCD)' is 13,394.69 Days, up from 12,011.59 Days in the same quarter last year [2] Group 3: Operational Metrics - Analysts expect an 'Occupancy Rate' of 110.4%, compared to 109.7% from the previous year [3] - 'Passenger Cruise Days' are forecasted to reach 14,786.25 Days, up from 13,172 Days year over year [3] - 'Net Cruise Costs Excluding Fuel per APCD' is estimated at $119.16, compared to $113.57 last year [3] - 'Net Cruise Costs per APCD' is projected to be $140.85, up from $136.25 year over year [3] - The estimated number of 'Passengers Carried' is 2,374.77 thousand, compared to 2 million in the previous year [3] Group 4: Stock Performance - Royal Caribbean shares have increased by 13.4% in the past month, outperforming the S&P 500 composite's 1.5% increase [3] - The company holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near future [3]

Passengers are suing Royal Caribbean after a cabin attendant was found guilty of hidden recordings.A class-action lawsuit estimates that up to 960 passengers may have been secretly filmed.In a separate lawsuit, a former passenger said she had suffered from depression after finding out. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favori ...

Royal Caribbean Cruises Ltd. (RCL) has been riding a wave of momentum, with its stock hovering near its 52-week high. This impressive performance can be attributed to strong consumer demand, driven by a resilient economy, low unemployment, stabilizing inflation, and record-high household net worth. Shifts in consumer preferences toward experiences, especially travel, have further fueled growth, with research showing that consumers are allocating more vacation days and spending more on travel than any other ...

Royal Caribbean (RCL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are better ...

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