Royal Caribbean Group reported mixed Q3 results featuring robust earnings growth of 56.3%, but falling short of sales expectations, leading to a decline in RCL's share price. Various financial institutions such as
Amalgamated Bank,
Assetmark Inc., and
Bessemer Group Inc. increased their positions, whereas Aberdeen Group plc, Retirement Systems of Alabama and others have reduced theirs. Simultaneously, stock rating firms like Citigroup, Barclay's, and William Blair have maintained a positive outlook, whilst
Morgan Stanley and
HSBC have reduced price targets. RCL unveiled future plans including launching a 'Port Partners' program and expansion of destinations by 2028, with promising ventures like the
Royal Beach Club in Santorini. Simultaneously, RCL secured future shipbuilding slots till 2036 and raised dividend by 33%. However, some challenges loom on the horizon including missing earnings estimates and lower-than-expected revenue.
Royal Caribbean Group RCL News Analytics from Tue, 29 Apr 2025 07:00:00 GMT to Sat, 01 Nov 2025 21:01:56 GMT -
Rating -1
- Innovation 4
- Information 5
- Rumor -3
