Royal Caribbean Q2 revenue rises 6.5% to $4.83 billion

Earnings

โดย Yahoo Finance·

Summary · why it matters

Royal Caribbean reported second-quarter revenue of $4.83 billion, up 6.5% year on year and in line with analyst expectations, while full-year EPS guidance topped forecasts. Among the 19 travel and vacation provider stocks tracked, the group beat revenue consensus by 1.3% and issued next-quarter guidance 0.6% above estimates, though shares have fallen 3.9% on average since reporting. Target Hospitality posted the strongest results with revenue up 38.7% to $85.46 million, beating estimates by 7.8%, while Hilton Grand Vacations was the weakest with revenue of $1.36 billion, missing expectations by 2.7%. Royal Caribbean shares are down 5.3% since the report and currently trade at $288.90.