Royal Caribbean Cruises Ltd is a leading global cruise vacation company that operates a fleet of innovative and luxurious cruise ships, offering unique travel experiences to destinations around the world
The company is renowned for its diverse range of cruise brands, each catering to different market segments, including family-friendly vacations, adventure travel, and luxury escapes. Royal Caribbean focuses on providing exceptional onboard amenities and entertainment, including cutting-edge technology, gourmet dining, and engaging activities, allowing passengers of all ages to enjoy memorable journeys at sea. Additionally, the company emphasizes sustainable tourism practices and invests in initiatives to reduce its environmental impact while enriching the communities it visits.
Total earnings for the 112 S&P 500 companies that have reported results are up +10.8% from the same period last year on +5.5% higher revenues, with 80.4% beating EPS estimates and 68.8% beating revenue estimates.
Shares of cruise vacation company Royal Caribbean (NYSERCL)
jumped 13.2% in the afternoon session after the company reported strong third results, with earnings exceeding analysts' expectations while revenue was in line. Looking ahead, Royal Caribbean's positive EPS guidance for the next quarter exceeded analysts' expectations. Overall, this quarter had some key positives.
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Cruise vacation company Royal Caribbean (NYSERCL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 12.9% year on year to $3.76 billion. Its non-GAAP profit of $1.63 per share was 9% above analysts’ consensus estimates.
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
There's something to be said for active management; if I had just sort of crossed my arms and let the Sling and Arrows of Outrageous Fortune come along, it would have been bad. As it is, my 13 bearish positions are holding up nicely.
Goldman Sachs analyst optimistic about cruise line industry after successful Q3. Royal Caribbean and Norwegian Cruise Line ratings and price targets lowered.
