Previous close | 0.7300 |
Open | 1.0500 |
Bid | 1.0400 |
Ask | 1.0800 |
Strike | 40.00 |
Expiry date | 2024-01-19 |
Day's range | 1.0500 - 1.0600 |
Contract range | N/A |
Volume | |
Open interest | 44.74k |
Citi Leisure & Travel Analyst James Hardiman joins Yahoo Finance Live to discuss Carnival Corp's latest stock upgrade, the state of cruise lines as travel demand is expected to rebound this summer, and examines the state of the consumer through the lens of experiential spending.
Royal Caribbean (RCL) focuses on commercial engine enhancements to drive growth. Also, improvement in the pricing environment bode well.
Las Vegas Sands (LVS) benefits from Macau's recovery on the back of resilient customer demand and spending.
Marriott International (MAR) collabs with Rappi to increase everyday earning opportunities and offer an elevated travel experience to users.
Red Rock Resorts (RRR) emphasizes on repositioning its land portfolio to drive growth. However, inflationary pressures are a headwind.
POOL benefits from solid expansion initiatives and brand recognition. However, high costs, seasonal risks and macroeconomic headwinds are concerns.
Per the Zacks analyst, Choice Hotels' (CHH) Ascend brand expansion in the United States showcases operational excellence and upscale growth opportunities.
PENN Entertainment (PENN) emphasizes on new loyalty program to drive growth. However, a rise in operating costs is a concern.
Las Vegas Sands, Skechers U.S.A., Royal Caribbean Cruises, Cinemark Holdings and Marriott International are part of the Zacks top Analyst Blog.
We have narrowed our search to five consumer discretionary stocks that have strong potential for the rest of 2023. These are: LVS, SKX, RCL, MAR and CNK.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Royal Caribbean, Williams, Wynn Resorts, and Lufax. Argus upgraded Royal Caribbean Cruises (NYSE:RCL) to Buy from Hold with a price target of $88.00, as reported in real time on InvestingPro. Earlier this month, the company reported its Q1 results, beating the consensus estimates.
Royal Caribbean (RCL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
At this time, I would like to welcome everyone to the Royal Caribbean Group first quarter 2023 earnings and business update conference call. Joining me here in Miami are Jason Liberty, our chief executive officer; Naftali Holtz, our chief financial officer; and Michael Bayley, president and CEO of Royal Caribbean International.
The Yahoo Finance Live show discusses the rise of Royal Caribbean shares on Q1 earnings, and the confidence in summer travel demand, despite competitors and the economic slowdown.
Royal Caribbean's (RCL) first-quarter 2023 results benefit from strong cruising demand, better pricing on close-in demand and strong onboard spending.
Royal Caribbean (RCL) delivered earnings and revenue surprises of 67.61% and 1.87%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Royal Caribbean Group raised its annual profit forecast after upbeat quarterly results on Thursday, cruising on the back of higher ticket prices and pent-up leisure travel demand, sending shares up nearly 8%. The Miami, Florida-based company also projected current-quarter earnings well above Wall Street estimates and said bookings outpaced 2019 levels by "a very wide margin" throughout the first quarter and into April. Higher ticket prices from cruise liners aimed at offseting the impact of rising fuel costs have not deterred well-to-do Americans from splurging on cruise vacations including on-board amenities such as spas and gaming after the easing of pandemic restrictions.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Royal Caribbean's (RCL) first-quarter 2023 results are likely to benefit from solid cruising demand and onboard spending and better pricing on close-in demand. Yet, high costs might have hurt its performance.
Royal Caribbean (RCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carnival Corporation (NYSE: CCL)(NYSE: CUK) reported better-than-expected earnings for Q1, and also enjoyed its highest quarterly booking volumes ever during the period. Delivering $4.4 billion in revenue last quarter, Carnival beat company expectations and exceeded 2022's fourth-quarter revenue by 173%. As CEO Josh Weinstein explained during Carnival's first-quarter earnings call, with capacity now 4.5% above 2019 levels, occupancy in the current quarter is expected to approach (but not quite reach) 2019 levels.
Carnival (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) suffered their two worst years of revenue declines in recent history during the COVID-19 pandemic. In fiscal 2019 (which ended in November 2019), Carnival's revenue rose 10% with a healthy occupancy rate of 104%. Royal Caribbean's revenue grew 15% in 2019, with an even higher occupancy rate of 108%.
Royal Caribbean's (RCL) emphasis on onboard offerings, customized destination experiences and ship upgrades bode well. However, increased expenses are a headwind.