IB Net Payout Yields Model

Royal Caribbean: Deserved Move Higher


Update - Feb. 7

Royal Caribbean just forecast a record year in 2023. It's crazy how a lot of people were short the stock thinking BK risk was real.

-Q4 Non-GAAP EPS of -$1.12 beats by $0.22.
-Revenue of $2.6B (+164.7% Y/Y) misses by $10M.

-The company expects to exceed prior record Adjusted EBITDA, achieved in 2019. The company expects Adjusted Earnings per Share in the range of $3.00 to $3.60 vs consensus of $3.23.

Original article posed on Jan. 13

  • Travel sector peers have reported numbers suggestive of a big rebound ahead for cruise lines.
  • Royal Caribbean had predicted record EPS in 2025 topping $10 and the American Airlines numbers make this prediction appear far more realistic.
  • The stock is cheap trading at 6x 2025 EPS targets.
The market keeps doubting the cruise lines, yet Royal Caribbean (NYSE:RCL) is finally pushing recent highs. The travel sector news continues to shine in an indication of the earnings power ahead for the cruise line. My 
Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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