Royal Caribbean Expects Q1 Adjusted EPS Of $1.10-$1.20, Est $0.86
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean forecasts Q1 adjusted EPS of $1.10-$1.20, surpassing estimates of $0.86. The company reports record booking rates and volumes, with the five best booking weeks in its history occurring since the last earnings call.
February 01, 2024 | 11:41 am
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Royal Caribbean anticipates a Q1 adjusted EPS of $1.10-$1.20, exceeding the expected $0.86. The company experiences unprecedented booking rates and volumes.
The positive earnings forecast significantly surpasses analyst expectations, indicating strong financial health and operational performance. The record booking rates and volumes further support the optimistic outlook for the company, likely leading to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100