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Miami-based Royal Caribbean Cruises Ltd. (RCL) operates as a global cruise vacation company. With a market cap of $84.5 billion, the company operates cruise brands like Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises and holds interests in TUI Cruises, Pullmantur, and SkySea Cruises.
The Cruise operator is set to announce its third-quarter results before the market opens on Tuesday, Oct. 28. Ahead of the event, analysts expect Royal Caribbean Cruises to report an adjusted profit of $5.66 per share, up 8.9% from $5.20 per share reported in the year-ago quarter. Moreover, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line projections in each of the past four quarters.