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Royal Caribbean Cruises Ltd Raises FY 2012 Earnings per Share Guidance

Thursday, 25 Oct 2012 08:53am EDT 

Royal Caribbean Cruises Ltd announced that it has increased its guidance for fiscal year 2012 earnings per share by USD 0.15 to a range between USD 1.85 and USD 1.95. This increase has been mainly driven by stronger than anticipated revenue (plus USD 0.06 per share) and expense reduction (plus USD 0.06 per share). The remaining USD 0.03 per share improvement is principally due to currency benefits net of oil price increases. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012 earnings per share of USD 1.76. 

Company Quote

0.44 +0.69%
29 Aug 2014