Rcl stock price today trends higher after Wall Street

RCL stock price today trends higher after Wall Street upgraded sector ratings, citing demand resilience in cruise bookings despite macro volatility. Price holds above 20-day moving average. Investors will be eagerly watching for the performance of Royal Caribbean in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 1, 2024. The company is forecasted to report an EPS of $1.11, showcasing a 199.11% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $3.37 billion, up 29.58% from the year-ago period. Shares of Royal Caribbean have outperformed the industry in the past year. The company reported mixed first-quarter 2025 results, with adjusted earnings beating the Zacks Consensus Estimate and revenues missing the same. The top and bottom lines increased on a year-over-year basis. It has been benefiting from a strong demand environment, a solid WAVE season and robust booking trends. Also, strength in consumer spending onboard and pre-cruise purchases bodes well. It emphasized investing in the digital front, fleet expansion, private destination portfolio and guest experience to drive growth. Earnings estimates for 2025 have increased in the past 30 days, depicting analysts' optimism regarding the stock’s growth potential. However, increased fuel costs, foreign currency risks and an uncertain macroeconomic environment are a concern. RCL stock price today benefits from upbeat industry bookings reports, hinting at sustained revenue growth patterns into