Royal Caribbean Cruises Ltd (NYSE:RCL) reported upbeat earnings for the third quarter.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

Goldman Sachs On Royal Caribbean Cruises

Analyst Lizzie Dove maintained a Buy rating while raising the price target from $220 to $245.

Royal Caribbean Cruises’ net yields came in below investor expectations and the implied decline in the fourth quarter was an initial disappointment, Dove said in a note.

She added that the fourth-quarter net yield guidance of 5.3%-5.8% includes a headwind of around 40 basis points (bps) from Hurricane Milton and “several bps headwind from the canceled Icon itinerary.”

The focus during the company’s earnings release was on 2025 and beyond, “as investors looked through the 4Q …

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