Friday, October 23, 2015

What to Watch Friday: Will Royal Caribbean Cruise by Estimates?

For Friday October 23, TheStreet highlights a few more companies to come out with earnings. We begin the morning with Procter & Gamble (PG), American Airlines Group (AAL) and Royal Caribbean Cruises (RCL) showing us how they performed in the latest quarter. When the cruise operator releases its third quarter fiscal 2015 earnings results, analysts are estimating $2.71 a share on revenue of around $2 and a half billion. This quarter's results are expected to be higher than a year ago. In the third quarter of fiscal 2014, the company earned $2.20 a share on revenue of $2.39 billion. Additionally, there is one key economic report due out on Friday. At 9:45 a.m. Eastern, we get the PMI manufacturing index flash, which shows us how the private sector is doing. Economists expect October flash to come in at 53, same as September's number. TheStreet's U-Jin Lee reports in New York.
Stocks in this video: PGAALRCL

Source:http://www.thestreet.com/video/13335250/what-to-watch-friday-will-royal-caribbean-cruise-by-estimates.html

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