Royal Caribbean (RCL) Tops Q2 EPS by 46c, Beats on Revenue; Offers FY24 EPS Guidance

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Royal Caribbean (RCL) EPS, revenue beat expectations

July 25, 2024 6:49 AM EDT

Royal Caribbean (NYSE: RCL) announced its second-quarter results on Thursday, surpassing analyst expectations with an adjusted EPS of $3.21, which was $0.46 higher than the consensus estimate of $2.75.

The cruise operator reported revenue of $4.1 billion, above the consensus estimate of $4.04 billion. Despite the earnings beat, shares of Royal Caribbean fell by 2.7% following the announcement.

The company's strong performance was attributed to... More

Royal Caribbean (RCL) Reinstates $0.40 Quarterly Dividend; 1% Yield

July 25, 2024 6:31 AM EDT

Royal Caribbean (NYSE: RCL) reinstated a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on October 11, 2024, to stockholders of record on September 20, 2024, with an ex-dividend date of September 19, 2024.

The annual yield on the dividend is 1... More