Royal Caribbean (RCL) Outperforms Broader Market: What You Need to Know

The the stock of cruise operator has risen by 0.96% in the past month, leading the Consumer Discretionary sector's gain of 0.82% and undershooting the S&P 500's gain of 3.34%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.09 per share and a revenue of $16.24 billion, indicating changes of +63.81% and +16.82%, respectively, from the former year. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near fut ...