Royal Caribbean Cruises RCL unveils its next round of earnings this Wednesday, May 1. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Wall Street analysts see Royal Caribbean Cruises reporting earnings of $1.11 per share on revenue of $2.38 billion.
The analyst consensus estimate would represent a 1.83 percent increase in the company's EPS figure. Revenue would be up 17.36 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 | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 |
| EPS Estimate | 1.51 | 3.97 | 1.97 | 0.96 |
| EPS Actual | 1.53 | 3.98 | 2.27 | 1.09 |
Stock Performance
Over the last 52-week period, shares are up 9.35 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate Royal Caribbean Cruises stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Royal Caribbean's Q1 conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1379/30346
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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