Categories Earnings, Leisure & Entertainment
Royal Caribbean Cruises (NYSE: RCL): Q4 2019 Earnings Snapshot
— Royal Caribbean Cruises Ltd. (NYSE: RCL) reported its fourth-quarter 2019 adjusted earnings of $1.42 per share, down from $1.53 per share a year ago. This came in line with the analysts’ expectations.
— The results were hurt by the negative impact of the cancellation of the sailings to Cuba and the disruption generated by Hurricane Dorian.
— Total revenues grew by 8% to $2.52 billion versus $2.54 billion expected.
— Looking ahead into the full year 2020, the company expects adjusted earnings in the range of $10.40-10.70 per share. The consensus estimates EPS of $10.47.
— Net yields are expected to increase 2.25-4.25% in constant currency and 2.5-4.5% as reported for the full year.
— For the first quarter of 2020, the company sees adjusted earnings in the range of $0.80-0.85 per share. The consensus estimates EPS of $1.12 per share.
— The company introduced 20>25 by 2025 program. The program includes several goals by 2025: delivering $20 adjusted EPS, further lowering carbon footprint by 25%, and delivering strong returns on invested capital.
— Due to coronavirus, the company has now canceled 8 cruises out of China ending March 4 and also modified certain itineraries in the region which overall have an estimated impact of $0.25 per share.
Most Popular
Costco (COST) reports higher Q1 2025 sales and profit
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, has reported an increase in sales and net profit for the first quarter of 2025. Revenues increased to
Broadcom (AVGO) Q4 2024 adj. profit increases on higher revenues
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the fourth quarter of 2024. Excluding non-recurring items, earnings were $1.42 per share in the October quarter,
Macy’s (M) anticipates caution on discretionary spending will continue in Q4 2024
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 13% over the past three months. The retailer delivered mixed results for the third quarter of
Comments
Comments are closed.