Royal Caribbean Sees FY24 Adj. EPS $11.57-$11.62 vs $11.58 Est., Net Yields Expected To Increase 10.8-11.3% In Constant Currency
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean has provided its financial outlook for FY24, projecting adjusted EPS between $11.57 and $11.62, slightly below the consensus estimate of $11.58. The company also expects net yields to increase by 10.8-11.3% in constant currency.
October 29, 2024 | 10:33 am
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Royal Caribbean's FY24 adjusted EPS guidance is slightly below consensus estimates, but the company expects a significant increase in net yields.
The EPS guidance is slightly below the consensus estimate, which could be seen as a negative. However, the expected increase in net yields is a positive indicator of revenue growth. These mixed signals may result in a neutral short-term impact on the stock price.
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