Royal Caribbean Increases Its 2023 Adjusted EPS Guidance From $4.40-$4.80.To $6.00-$6.20, Consensus $4.77
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean has increased its 2023 adjusted EPS guidance from $4.40-$4.80 to $6.00-$6.20, surpassing the consensus of $4.77.
July 27, 2023 | 12:03 pm
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POSITIVE IMPACT
Royal Caribbean's increased EPS guidance for 2023 could lead to a positive market reaction, potentially driving the stock price up in the short term.
The increase in Royal Caribbean's EPS guidance for 2023 indicates that the company expects higher profitability than previously forecasted. This could be seen as a positive signal by investors, potentially leading to increased demand for the stock and a rise in its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100