Royal Caribbean Cruises (RCL) Tops Q2 EPS by 28c, Offers FY Guidance

Royal Caribbean Cruises (NYSE: RCL) reported Q2 EPS of $2.27, $0.28 better than the analyst estimate of $1.99. Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.34 billion.

GUIDANCE:

Royal Caribbean Cruises sees FY2018 EPS of $8.70-$8.90, versus the consensus of $8.86.

• Net Yields are expected to increase 2.75% to 3.75% in Constant-Currency (up 3.25% to 4.0% As-Reported).
• NCC excluding Fuel per APCD are expected to be up approximately 2.5% in Constant-Currency (up approximately 3.0% As-Reported).

For earnings history and earnings-related data on Royal Caribbean Cruises (RCL) click here.

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