[ad_1] Key Points Royal Caribbean saw its revenue and adjusted earnings rise 5% and 11%, respectively, in the third quarter. The cruise line exceeded profit targets and for the fourth time over the past year, boosted its full-year guidance. There are some near-term concerns, but Royal Caribbean at 16 times forward earnings could be compelling….
[ad_1] Cruise vacation company Royal Caribbean (NYSE:RCL) will be reporting earnings tomorrow before the bell. Here’s what to look for. Royal Caribbean met analysts’ revenue expectations last quarter, reporting revenues of $4.89 billion, up 17.4% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ adjusted operating income…
[ad_1] Carnival (NYSE: CCL)(NYSE: CUK) and Royal Caribbean Cruises (NYSE: RCL) claim the No. 1 and No. 2 spots, respectively, in the cruise line industry. Both companies have benefited from record bookings this year. Moreover, investors may remember that all cruise lines ran up massive debts in 2020 and 2021 to stay in business as…
[ad_1] Cruise vacation company Royal Caribbean (NYSE:RCL) will be reporting results tomorrow before the bell. Here’s what to expect. Royal Caribbean beat analysts’ revenue expectations by 1.6% last quarter, reporting revenues of $4.11 billion, up 16.7% year on year. It was a strong quarter for the company, with optimistic earnings guidance for the next quarter…
[ad_1] The cruise ship industry had a miraculous turnaround coming out of the COVID-19 pandemic. After completely shutting down and losing loads of money for multiple quarters, cruise ship demand exploded with vacationers hitting the high seas on these vast floating hotels. Two publicly traded cruise ship stocks are Royal Caribbean(NYSE: RCL) and Carnival(NYSE: CCL)….
[ad_1] Cruise ship operator Royal Caribbean Cruises(NYSE: RCL) has been having a breakout year. The company has more than fully recovered from the pandemic lockdowns, and its stock has recently reached all-time highs. With such large stock price gains in a few years, it’s fair to wonder whether there’s still time to get in on…