From Nasdaq.: 2025-01-23 10:56:00

Royal Caribbean Group (RCL) will report Q4 2024 results on Jan. 28. In the last quarter, earnings and revenues beat estimates by 3% and 0.6%, respectively. Consensus estimate for EPS is now $1.50, a 20% increase from last year. The company has beaten estimates for the past four quarters with an average surprise of 16.2%.

Expected revenue for Q4 is $3.77 billion, up 13.2% from last year. Strong demand, bookings, and pricing are likely contributors. Passenger ticket revenues and onboard activities are expected to show growth. The company anticipates net yield growth of 5.1% to 5.6% YoY. Margins may be impacted by rising costs.

Zacks predicts an earnings beat for Royal Caribbean with an Earnings ESP of +0.15% and a Zacks Rank #2. Other Consumer Discretionary stocks with favorable predictions include LTH, TCOM, and RSI. LTH is expected to see a 5.3% earnings increase, while TCOM may see a 7.1% decrease. RSI’s earnings are expected to increase 800%.



Read more at Nasdaq.:: Royal Caribbean to Report Q4 Earnings: Things to Keep in Mind