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RCL - Royal Caribbean Cruises: Estimated Earnings Already Priced In
Royal Caribbean Cruises Ltd.
2024-06-14 08:49:00 ET
Summary
RCL is a leading cruise line company poised for long-term growth with strong revenue growth and positive earnings results.
The cruise line industry, including RCL, has rebounded post-pandemic and is expected to continue growing in the $1.9 trillion vacation sector.
Based on fundamental analysis and valuation, estimated earnings per share are already priced in and concerns exist regarding ROIC and lower ROA compared to 2019.