Royal Caribbean Cruises RCL releases its next round of earnings this Thursday, Oct. 25. Here's Benzinga's essential guide to Royal Caribbean's Q3 earnings report.
Earnings and Revenue
Sell-side analysts expect Royal Caribbean's EPS to be near $3.97 on sales of $2.83 billion.
In the same quarter last year, Royal Caribbean posted EPS of $3.69 on sales of $2.57 billion. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be up 7.59 percent. Sales would be have grown 10.12 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 1.97 | 0.96 | 1.19 | 3.44 |
| EPS Actual | 2.27 | 1.09 | 1.34 | 3.69 |
Stock Performance
Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Royal Caribbean stock as Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
