2 Travel-Related Earnings Reports To Watch On Friday: Royal Caribbean And …

2 Travel-Related Earnings Reports To Watch On Friday: Royal Caribbean And American Airlines

  • Royal Caribbean Cruises Ltd (NYSE: RCL) and American Airlines Group Inc (NASDAQ: AAL) are scheduled to announce their third-quarter 2015 financial results on Friday before the market opens.
  • It seems like the third quarter was a good one for travel-related companies. Both Royal Caribbean and American Airlines are expected to deliver their strongest earnings in years.
  • Shares of both companies rose on Thursday trading.
  • Royal Caribbean Cruises

    As can be seen in the chart below, Royal Caribbean’s earnings respond to a cycle, peaking in the third quarter each year.

    For the third quarter of 2015, the Street is modeling consensus earnings of $2.70 per share on revenue of $2.531 billion, up from earnings of $2.20 per share on revenue of $2.389 billion delivered a year ago, and from EPS of $1.71 on sales of $2.311 billion retrieved two years back.

    Related Link: Don’t Forget About Travel And Leisure Stocks, Investors!

    The crowd, for its part, is projecting earnings of $2.73 per share on revenue of $2.538 billion.

    Moreover, Royal Caribbean has tended to meet estimates over the past couple of years.

    American Airlines

    According to Estimize, American Airlines is also expected to report a very strong quarter, with earnings up more than 63 percent year-over-year, from $1.66 per share a year ago to $2.72 per share this quarter.

    On the other hand, revenue is expected to decline substantially, from $11.139 billion in the third quarter of 2014 to $10.723 billion in the third quarter of 2015.

    Same as in the previous case, investors should note that the company has a tendency to meeting estimates.

    Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

    Image Credit: Public Domain

    Posted-In: Analyst Color Earnings Previews Travel Crowdsourcing Movers Trading Ideas General Best of Benzinga

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