Royal Caribbean Expects Q3 Adjusted EPS Of $3.38-$3.48, Estimate $2.88
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean has projected its Q3 adjusted EPS to be between $3.38 and $3.48, which is significantly higher than the estimated $2.88.

July 27, 2023 | 12:05 pm
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Royal Caribbean's higher than expected Q3 adjusted EPS forecast could potentially lead to a positive impact on its stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A higher than expected EPS often leads to a positive reaction in the stock market as it indicates that the company is performing better than anticipated. In this case, Royal Caribbean's Q3 adjusted EPS forecast is significantly higher than the estimate, which could potentially lead to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100