logo

FX.co ★ Royal Caribbean Q4 Profit Beats View; Provides Q1 EPS Outlook Better Than Estimates; Stock Up

Royal Caribbean Q4 Profit Beats View; Provides Q1 EPS Outlook Better Than Estimates; Stock Up

Royal Caribbean Group (RCL) announced on Tuesday a significant increase in its fourth-quarter earnings, surpassing analysts' projections. The company also offered earnings guidance for the first quarter that exceeded Wall Street expectations. As a result, Royal Caribbean's shares rose by more than 5 percent in pre-market trading.

For the fourth quarter, Royal Caribbean reported a net income of $553 million, or $2.02 per share, compared to $278 million, or $1.06 per share, in the corresponding quarter of the previous year. When excluding one-time items, the earnings amounted to $445 million, or $1.63 per share, outperforming the average estimate of $1.50 per share from 19 analysts. Typically, analysts' estimates do not consider special items.

The company's revenue for the quarter grew to $3.761 billion, up from $3.331 billion the previous year, slightly below the consensus estimate of $3.77 billion.

यह भी देखें: InstaForex फॉरेक्स बाजार में नेताओं में से एक है, बाजार पर 12 साल, 7,000,000 से अधिक सक्रिय ग्राहक हैं

Looking ahead to the first quarter, Royal Caribbean forecasts adjusted earnings per share (EPS) to range between $2.43 and $2.53, exceeding the market expectation of $2.36 per share.

For the entire year, the company anticipates an adjusted EPS between $14.35 and $14.65, with consensus estimates at $14.44.

Royal Caribbean's stock closed at $236.82 on Monday, marking a 2.03 percent increase. Over the past year, the stock has traded between $113.10 and $258.70.

*यहाँ दिया गया बाजार का विश्लेषण आपकी जागरूकता को बढ़ाने के लिए है, यह ट्रेड करने का निर्देश नहीं है
लेख सूची पर जाएं ट्रेडिंग खाता खोलें