Royal Caribbean Cruises, Ltd (RCCL), the world’s second largest cruise shipping group, has raised the floor of its 2018 earnings per share (EPS) guidance by $0.05 and lowered the ceiling by the same amount, information released by the company shows.
In its 2Q18 earnings release, RCCL said adjusted EPS for the full year are expected to be in the range of $8.70 to $8.90 per share. Today it narrow the guidance to the range of $8.75 to $8.85 per share. “This range includes a negative impact of approximately $0.10 per share from currency and fuel and also includes Silversea's operations, RCCL said.
Net yields are expected to increase 4.0% to 4.5% in constant currency and approximately 4.5% as reported. These metrics include approximately 80 basis points from Silversea's operations.
Net cruise costs (NCC) excluding fuel per available passenger capacity day (APCD) are expected to increase by approximately 4.5% in constant currency and by 4.5% to 5.0% as reported. These metrics include approximately 140 basis points from Silversea's operations.