Royal Caribbean has been rated Zacks Rank #4 (Sell), suggesting it may underperform the broader market in the near term. The cruise operator's shares have returned 9.2% over the past month, outperforming the Zacks S&P 500 composite's 1.8% decline and the Zacks Leisure and Recreation Services industry's 7.4% gain. For the current quarter, the consensus earnings estimate stands at $3.91 per share, a year-over-year decline of 10.7%, while full-year estimates of $17.27 and $19.86 for the current and next fiscal years imply growth of 10.4% and 15%, respectively. All estimates have remained unchanged over the last 30 days. Revenue is projected at $4.81 billion for the current quarter, up 6% year-over-year, with full-year estimates of $19.63 billion and $21.06 billion indicating increases of 9.4% and 7.3%. The company last reported revenues of $4.45 billion, an 11.3% increase, and earnings per share of $3.60, beating the consensus estimate by 12.5%. Royal Caribbean carries a Zacks Value Style Score of C, indicating it is trading at par with its peers.
Royal Caribbean Cruises LtdZacks Rank #4 (Sell) rating suggests near-term underperformance, with unchanged estimates and a C Value Style Score.