Royal Caribbean's Q3 EPS Beats, But Goldman Sachs Cautions On Rising Q4 Costs And EPS Impact
Royal Caribbean Cruises .(RCL) Benzinga·2024-10-30 02:17
Royal Caribbean Cruises Ltd. RCL shares are trading higher on Tuesday. The company reported mixed third-quarter results today.Revenue grew 17.5% year-over-year to $4.89 billion, missing the consensus of $4.90 billion, while adjusted EPS of $5.20 was above the consensus of $5.03.The company sees fourth-quarter net yields increase 5.1% to 5.6% in constant currency. RCL sees adjusted EPS of $1.40 – $1.45 against the estimate of $2.28.Goldman Sachs analyst Lizzie Dove writes that looking ahead, the primary disa ...