Zacks
0
All posts from Zacks
Zacks in Our Research. Your Success.,

3 Travel and Leisure Stock Earnings This Week: RCL, MAR, SIX

Today’s video focuses on the travel and leisure corner of the consumer market. 

Although consumers have more money in their pockets thanks to lower gas prices and a better jobs market, this really hasn’t translated into a number of travel and leisure stocks and their price performance as of late. Shares have been under pressure thanks to broader concerns like the Zika Virus or terrorism, both of which could keep travelers at bay in the months ahead. 

We should get some more commentary from companies on how they are viewing this situation thanks to a series of earnings reports later this week. We are getting a nice mix of companies coming up in the next few days, so we should get a wide range of opinions on the current climate for travel and leisure stocks. 

First up is Marriot (MAR), one of the world’s most famous hotel operators. The company is reporting on Wednesday and it currently has a Zacks Rank #3 (Hold). We take a look at how this company has done in earnings season in recent quarters, and what clues investors can take from recent activity in the stock’s performance.

After that, we also have Six Flags (SIX), the theme park operator focusing in on the U.S. market. This company has been seeing rising earnings estimates as of late and it could be a bigger beneficiary from recent macro trends, at least when compared to others in the space which face more foreign worries. 

Finally, Royal Caribbean (RCL) reports on Friday and should set the tone for the cruise market. This stock has been uniquely impacted by both terrorism and Zika concerns, and shares haven’t been performing despite a strong history at earnings season. Recent estimates have been positive so there is hope for a beat on Friday, though the outlook will be key here.

Make sure to watch our short video for a more in-depth discussion of these companies, and which are looking the most (and least) promising this earnings season!

Want more insights from Zacks? See our latest free report 5 Stocks to DoubleClick here to receive this free report now >>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
ROYAL CARIBBEAN (RCL): Free Stock Analysis Report
 
MARRIOTT INTL-A (MAR): Free Stock Analysis Report
 
SIX FLAGS ENTMT (SIX): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research