Royal Caribbean Eyes $14 EPS In 2025 Amid Cruise Demand And Expanded Destinations
Portfolio Pulse from Akanksha Bakshi
Royal Caribbean Cruises Ltd (NYSE:RCL) reported a 17.5% YoY revenue growth in Q3, missing the consensus slightly. Despite this, the company showed strong financial performance with a 29.2% increase in operating income and a higher-than-expected adjusted EPS. The company is optimistic about future growth, projecting a $14 EPS in 2025, driven by strong demand and new offerings.

October 29, 2024 | 2:35 pm
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Royal Caribbean reported a 17.5% YoY revenue growth in Q3, slightly missing consensus. Operating income rose by 29.2%, and adjusted EPS exceeded expectations. The company is optimistic about future growth, projecting a $14 EPS in 2025.
Despite missing revenue consensus slightly, RCL showed strong financial performance with significant increases in operating income and EPS. The company's optimistic future outlook and EPS target for 2025 are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100