Gear Up for Royal Caribbean (RCL) Q3 Earnings: Wall Street Estimates for Key Metrics

Core Insights - Analysts expect Royal Caribbean (RCL) to report quarterly earnings of $5.67 per share, reflecting a 9% year-over-year increase, with revenues projected at $5.16 billion, up 5.7% from the previous year [1] - The consensus EPS estimate has been revised upward by 0.1% in the last 30 days, indicating a reassessment of initial estimates by covering analysts [1][2] Revenue Estimates - 'Revenues- Onboard and other' are projected to reach $1.50 billion, marking a 5.7% increase from the prior-year quarter [4] - 'Revenues- Passenger ticket' is expected to be $3.66 billion, indicating a year-over-year change of 5.5% [4] Key Metrics Projections - The consensus estimate for 'APCD (Available passenger cruise days)' is 13,702 days, compared to 13,317 days from the previous year [4] - 'Net Yields' are anticipated to reach $302.77, up from $293.46 year-over-year [5] - The 'Occupancy Rate' is expected to be 112.1%, compared to 111.0% from the previous year [5] - 'Passenger Cruise Days' are estimated at 15,364 days, an increase from 14,786 days in the same quarter last year [5] Cost Estimates - 'Net Cruise Costs Excluding Fuel per APCD' is projected at $125.98, up from $118.12 year-over-year [6] - 'Net Cruise Costs per APCD' is expected to be $147.73, compared to $139.87 in the same quarter last year [6] Passenger Estimates - Analysts forecast 'Passengers Carried' to reach 2.56 million, an increase from 2.31 million in the previous year [6] Stock Performance - Over the past month, Royal Caribbean shares have declined by 2.8%, while the Zacks S&P 500 composite has increased by 0.2% [7] - RCL holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [7]