Royal Caribbean Q2 Adj EPS $1.82 Beats $1.55 Estimate, Sales $3.52B Beat $3.41B Estimate
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean Gr (NYSE:RCL) reported Q2 adjusted earnings of $1.82 per share, beating the analyst consensus estimate of $1.55 by 17.42%. This is a 187.5% increase over losses of $(2.08) per share from the same period last year. The company also reported quarterly sales of $3.52 billion, beating the analyst consensus estimate of $3.41 billion by 3.28%, a 61.26% increase over sales of $2.18 billion the same period last year.
July 27, 2023 | 12:00 pm
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POSITIVE IMPACT
Royal Caribbean's Q2 earnings and sales beat estimates, with a significant YoY increase. This positive financial performance could potentially boost investor confidence and positively impact the stock price in the short term.
Royal Caribbean's Q2 earnings and sales exceeded analyst estimates, showing a significant YoY increase. This indicates a strong financial performance, which could boost investor confidence and lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100