RCCL expects hurricanes to cut 2017 EPS by about $0.30 to $7.35 to $7.40
- Written by Kari Reinikainen
Royal Caribbean Cruises, Limited (RCCL) expects full year adjusted earnings per share (EPS) to be in the range of $7.35 to $7.40 per share.
“Excluding the cost of the hurricanes, adjusted EPS would have been in the range of $7.60 to $7.65 per share,” the company said in a statement. For 2016, the figure was $6.08
Constant-Currency and As-Reported Net Yields are expected to increase approximately 6.0% for the full year and Net cruise costs excluding fuel per available passenger capacity day (APCD) are expected to rise approximately 2.0% on a Constant-Currency and As-Reported basis.
“Taking into account current fuel pricing, interest rates, currency exchange rates and the factors detailed above, the company expects 2017 Adjusted EPS to be in the range of $7.35 to $7.40 per share,” RCCL stated.
