RCL - What's Going On With Royal Caribbean Cruises Stock Thursday? | Benzinga
Royal Caribbean Cruises Ltd (NYSE:RCL) reported fourth-quarter FY23 sales growth of 27.8% year-on-year to $3.33 billion, marginally missing the consensus estimate of $3.36 billion.
Adjusted EPS of $1.25 beat the consensus estimate of $1.13. The stock gained premarket after the mixed results, only to shed gains in the trading session.
Passenger ticket revenues rose 34.3% Y/Y to $2.29 billion versus last year. Total cruise operating expenses were $1.89 billion versus $1.78 billion a year ago.
Gross margin yields increased 30.9%, as reported, and ...