Royal Caribbean Group (RC8.BE)
| Previous Close | 127.32 |
| Open | 126.74 |
| Bid | 131.66 x 0 |
| Ask | 132.52 x 0 |
| Day's Range | 126.74 - 126.74 |
| 52 Week Range | 53.92 - 130.00 |
| Volume | |
| Avg. Volume | 12 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
ReutersRoyal Caribbean lifts profit view on record cruise demand, higher prices
Shares of the cruise operator rose about 4% in premarket trade, as the company also beat first-quarter revenue and profit estimates. Half of Royal Caribbean's first-quarter yield growth was driven by higher ticket pricing, with the remainder driven by a combination of onboard revenue rates, higher occupancy, and new ships, it said. "Demand for our leading brands ... continues to be very robust, resulting in outperformance in the first quarter, a further increase of full-year earnings guidance, and 60% expected earnings growth year over year," said CEO Jason Liberty.
PR NewswireROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND
Royal Caribbean Group (NYSE: RCL) today reported first quarter Earnings per Share ("EPS") of $1.35 and Adjusted EPS of $1.77. These results were better than the company's guidance due to stronger pricing on close-in demand, strength in onboard revenue and favorable timing of expenses. As a result of an exceptional WAVE season and continued strength in demand, the company is increasing 2024 Adjusted EPS guidance to $10.70 - $10.90 per share.
Barrons.comRoyal Caribbean Stock Can Cruise Higher After Earnings. What Investors Need to Hear.
It was a bumper 2023 for the industry and the company has even greater expectations for this year. The stock, however, is yet to reflect that optimism.
