02.08.2016 14:22:52
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Royal Caribbean Cruises Lowers 2016 Adj. EPS Guidance - Quick Facts
(RTTNews) - Royal Caribbean Cruises Ltd. (RCL) updated full year adjusted EPS guidance to a range of $6.00 to $6.10. This is a $0.20 decrease at the midpoint versus previous guidance due to a $0.27 negative impact from currency and fuel rates, of which approximately $0.14 is related to weakness in the British Pound following the Brexit vote. Analysts polled by Thomson Reuters expect the company to report profit per share of $6.21. Analysts' estimates typically exclude special items. In April, the company projected its fiscal 2016 earnings in the range of $6.15 to $6.35 per share.
US GAAP Net Income for the second quarter 2016 was $229.9 million or $1.06 per share, compared to $185.0 million or $0.84 per share in 2015. Adjusted Net Income for the second quarter of 2016 was $235.2 million, or $1.09 per share, up over 25% versus the same quarter last year. The company said the outperformance for the quarter was primarily driven by better than anticipated fuel expense.
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Royal Caribbean Cruises Ltd. | 228,40 | 4,13% |