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Royal Caribbean Cruises Ltd Reaffirms FY 2013 EPS Guidance; Issues Q3 EPS Guidance Below Analysts' Estimates

Thursday, 25 Jul 2013 08:31am EDT 

Royal Caribbean Cruises Ltd announced that for the fiscal 2013, the Company's earnings outlook is essentially unchanged from the update that was provided in late May, which reflected the impact of the Grandeur of the Seas fire and the strengthening of the US dollar. EPS is expected to be in the range of $2.20 to $2.30. For the Third Quarter 2013, the company expects that earnings will be in the range of $1.60 to $1.70 per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $1.80 for the third quarter of 2013.