Countdown to Royal Caribbean (RCL) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

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]