Post-earnings recap
Reported
Tue, Nov 7, 2017
Est. EPS
—
Est. revenue
—
Implied move
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EPS beat rate
88%
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Est. EPS
—
Est. Rev
—
Impl. Move
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Despite missing EPS expectations slightly, Royal Caribbean's stock rose by 3.10%, indicating investor confidence in the company's recovery and future prospects. Management's positive outlook on demand for cruises suggests that the company is on a path to growth. The lack of guidance did not seem to deter investors, who may be focusing on the overall demand trends in the industry.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.49 | N/A | -1.01% |
Overall, management remains positive about the cruise industry's recovery. They emphasized the importance of customer demand and future growth potential.
Management expressed confidence in future bookings despite the slight EPS miss.
They highlighted strong demand for cruises in the upcoming quarters.