Earnings Outlook For Royal Caribbean Gr

Royal Caribbean Gr (NYSE:RCL) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Royal Caribbean Gr to report an earnings per share (EPS) of $5.01.

Anticipation surrounds Royal Caribbean Gr's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.46, leading to a 1.01% increase in the share price the following trading session.

Here's a look at Royal Caribbean Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.75

1.33

1.13

3.48

EPS Actual

3.21

1.77

1.25

3.85

Price Change %

1.0%

2.0%

-3.0%

-0.0%

Tracking Royal Caribbean Gr's Stock Performance

Shares of Royal Caribbean Gr were trading at $200.91 as of October 25. Over the last 52-week period, shares are up 138.64%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Insights on Royal Caribbean Gr

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Royal Caribbean Gr.

The consensus rating for Royal Caribbean Gr is Buy, based on 10 analyst ratings. With an average one-year price target of $206.0, ...