Insights Into Royal Caribbean (RCL) Q1: Wall Street Projections for Key Metrics

Core Viewpoint - Analysts forecast that Royal Caribbean (RCL) will report quarterly earnings of $2.52 per share, reflecting a year-over-year increase of 42.4%, with anticipated revenues of $4 billion, a 7.4% increase compared to the previous year [1]. Earnings Projections - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 0.1%, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue and Key Metrics - Analysts predict 'Revenues- Onboard and other' will reach $1.26 billion, a 6.1% increase from the prior year [5]. - 'Revenues- Passenger ticket' is estimated to be $2.74 billion, reflecting a year-over-year change of 7.8% [5]. - The 'APCD (Available passenger cruise days)' is projected to be 12,680.56 Days, up from 12,285.83 Days in the same quarter last year [5]. Operational Metrics - The 'Occupancy Rate' is expected to reach 107.7%, compared to 107% in the same quarter of the previous year [6]. - The consensus estimate for 'Passenger Cruise Days' stands at 13,646.20 Days, compared to 13,149.71 Days a year ago [6]. - 'Net Cruise Costs Excluding Fuel per APCD' is projected to be $131.66, compared to $129.91 from the previous year [6]. Cost and Passenger Estimates - 'Net Cruise Costs per APCD' is expected to be $153.69, slightly down from $154.65 a year ago [7]. - Analysts estimate that 'Passengers Carried' will reach 2.23 million, up from 2.05 million in the same quarter last year [7]. Stock Performance - Over the past month, shares of Royal Caribbean have returned -5.6%, compared to the Zacks S&P 500 composite's -5.1% change, with RCL currently holding a Zacks Rank 3 (Hold) [8].