Royal Caribbean's Q3 EPS Beats, But Goldman Sachs Cautions On Rising Q4 Costs And EPS Impact

Royal Caribbean Cruises Ltd. RCL shares are trading higher on Tuesday. The company reported mixed third-quarter results today.Revenue grew 17.5% year-over-year to $4.89 billion, missing the consensus of$4.90 billion, while adjusted EPS of $5.20 was above the consensus of$5.03.The company sees fourth-quarter net yields increase 5.1% to 5.6% in constant currency. RCL sees adjusted EPS of $1.40 –$1.45 against the estimate of $2.28.Goldman Sachs analyst Lizzie Dove writes that looking ahead, the primary disa ...