Report
Jaime Katz
EUR 100.00 For Business Accounts Only

Onboard and close in strength drive profits at Royal Caribbean implying brand equity remains intact.

Narrow-moat Royal Caribbean closed the books on a solid third quarter, handily overdelivering on its $1.85-$1.90 earnings per share forecast despite fuel and foreign exchange headwinds. Even with second quarter EPS of $2.27 (around $0.40 above the midpoint of guidance and well ahead of our $1.91 forecast), Royal maintained its full year outlook calling for  EPS of $8.70-$8.90, in line with our prior $8.86 estimate, as it anticipates another $0.35 in fuel and foreign exchange headwinds over the s...
Underlying
ROYAL CARIBBEAN GROUP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jaime Katz

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