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Royal Caribbean Cruises Ltd. (RCL), a global cruise company with a market cap of around $42 billion, operates in the contemporary, premium, and deluxe segments of the cruise vacation industry. The Miami, Florida-based company is expected to announce its fiscal Q2 earnings results on Thursday, Jul. 25.
Ahead of this event, analysts expect RCL to report a profit of $2.76 per share, up 51.7% from $1.82 per share in the year-ago quarter. The company holds a solid track record of surpassing Wall Street's bottom-line estimates in each of the past four quarters. Higher ticket pricing and record bookings during the "wave season" helped the company surpass the consensus EPS estimate by 35.1% in the most recent quarter.