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3 Reasons Royal Caribbean Stock Can Move Higher This Week
The Motley Fool· 2024-10-28 19:30
The popular cruise line operator gears up for a financial update it can't afford to sink.It's time for the world's most valuable cruise line operator -- by market cap and enterprise value -- to offer up fresh financials. Royal Caribbean Cruises (RCL -1.05%) will step up with its third-quarter report on Tuesday morning.Expectations are high for the company with a fleet of 68 ships across five different brands. The shares hit an all-time high this month, more than quadrupling since the start of last year. Thi ...
RCL Stock Before Q3 Earnings: Should You Buy Now or Wait for Results?
ZACKS· 2024-10-25 23:01
Royal Caribbean Cruises Ltd. (RCL) is scheduled to release third-quarter 2024 results on Oct. 29, 2024.The Zacks Consensus Estimate for RCL’s third-quarter earnings per share (EPS) is pegged at $5.04, suggesting 30.9% growth from $3.85 reported in the prior-year quarter. The consensus mark has increased by 1.2% in the past 60 days.The consensus mark for third-quarter revenues is pegged at $4.86 billion, indicating growth of 16.8% from the year-ago quarter’s reported figure.Royal Caribbean has an impressive ...
Royal Caribbean: A Double Beat On Earnings Is Relatively Likely (Earnings Preview)
Seeking Alpha· 2024-10-25 22:27
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Countdown to Royal Caribbean (RCL) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-10-24 22:21
The upcoming report from Royal Caribbean (RCL) is expected to reveal quarterly earnings of $5.04 per share, indicating an increase of 30.9% compared to the year-ago period. Analysts forecast revenues of $4.86 billion, representing an increase of 16.8% year over year.The current level reflects a downward revision of 5.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this p ...
Royal Caribbean passengers are suing over an employee who recorded women and kids with hidden cameras
Business Insider· 2024-10-23 22:10
Passengers are suing Royal Caribbean after a cabin attendant was found guilty of hidden recordings.A class-action lawsuit estimates that up to 960 passengers may have been secretly filmed.In a separate lawsuit, a former passenger said she had suffered from depression after finding out. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favori ...
RCL Stock Near 52-Week High: Is it Time to Jump Onboard?
ZACKS· 2024-10-22 23:25
Royal Caribbean Cruises Ltd. (RCL) has been riding a wave of momentum, with its stock hovering near its 52-week high. This impressive performance can be attributed to strong consumer demand, driven by a resilient economy, low unemployment, stabilizing inflation, and record-high household net worth. Shifts in consumer preferences toward experiences, especially travel, have further fueled growth, with research showing that consumers are allocating more vacation days and spending more on travel than any other ...
Royal Caribbean (RCL) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-22 23:06
Royal Caribbean (RCL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are better ...
Royal Caribbean: Don't Overlook This ROA King
Seeking Alpha· 2024-10-19 01:41
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RCL Partners Goldbelt to Enhance Alaska Operations With New Port
ZACKS· 2024-10-17 19:35
Royal Caribbean Cruises Ltd. (RCL) recently announced a partnership with Goldbelt Incorporated to codevelop a new port facility, The Port of Tomorrow, in Juneau, AK. The project aims to enhance visitor experience and local tourism infrastructure while addressing key transportation challenges in the region. Slated to open in 2027, the new port will feature two floating berths and provide visitors with an immersive cultural experience showcasing Alaska's rich heritage. Guests will have direct access to whale- ...
Alaska Native Corporation Goldbelt Inc. Signs Agreement with Royal Caribbean Group to Build a Cruise Port in Juneau, Alaska
Prnewswire· 2024-10-17 01:00
New port plans to spotlight the region's rich Tlingit culture and remove nearly one-third of bus traffic from Juneau's most congested roadways, enhancing the overall guest and resident experience JUNEAU, Alaska, Oct. 16, 2024 /PRNewswire/ -- Goldbelt Incorporated, the urban Alaska Native, for-profit corporation of Juneau, is partnering with Royal Caribbean Group (NYSE: RCL) to explore co-developing a new port aimed at strengthening the city's infrastructure while improving traffic congestion downtown and en ...