Royal Caribbean shares are trading higher after the company raised its 2024 adjusted EPS guidance above estimates and reported better-than-expected Q1 2024 financial results.
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean shares surged following the announcement of raised 2024 adjusted EPS guidance above estimates and reporting better-than-expected Q1 2024 financial results.
April 25, 2024 | 10:34 am
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POSITIVE IMPACT
Royal Caribbean's announcement of raised 2024 adjusted EPS guidance above estimates and better-than-expected Q1 2024 financial results has led to a surge in its shares.
The positive adjustment in EPS guidance for 2024 and the surpassing of Q1 2024 financial expectations directly impact investor confidence and market perception of Royal Caribbean, likely leading to a short-term increase in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100