Royal Caribbean Cruises (RCL) Tops Q1 EPS by 7c, Cuts FY15 EPS

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Go back to Royal Caribbean Cruises (RCL) Tops Q1 EPS by 7c, Cuts FY15 EPS

Royal Caribbean Reports Notably Higher First Quarter Earnings

April 20, 2015 8:02 AM EDT

MIAMI, April 20, 2015 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today reported stronger than expected first quarter results and updated its outlook for the full year.

Commercially the year is turning out as expected, with strong booking trends and yield growth for all major products. The strengthening of the US Dollar and the rise in fuel prices are negatively affecting earnings, but cost efficiencies are mitigating a large portion of the impact.

KEY HIGHLIGHTS

Results for the First Quarter 2015:

Net Yields were down 1.0% on a... More