Royal Caribbean Raises Annual EPS Forecast on Strong Demand

Royal Caribbean Cruises has revised its 2024 earnings per share (EPS) forecast upward, driven by robust travel demand. The company attributed the improvement to strong performance in cruise bookings, with the new outlook projecting profitability above previous expectations. Company officials noted that consumer interest in travel spending remains high, which is expected to support revenues in the coming period. Royal Caribbean highlighted high occupancy rates, particularly on Caribbean and European routes, and emphasized that additional onboard service revenues are also contributing positively to profitability. Financial analysts view this improvement in demand forecasts as a positive signal for the broader industry. Royal Caribbean's stock rose in pre-market trading following the news. The company had also reported second-quarter results above expectations. This is not investment advice.

📊 RCL — Piyasa Yorumu

■ neutral · 60%

Although the news is positive, the RSI at 78.5 is in overbought territory, and the price has risen 13.3% in the last 24 hours. This increases the risk of profit-taking in the short term. While the MACD still gives an upward signal, overbought levels pose a risk for new purchases. Therefore, there is uncertainty in the short-term direction.

RSI 14

78.5

MACD

6.99

24h Δ

13.32%

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