Royal Caribbean Cruises Ltd. Announces Accelerated Share Repurchase

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Royal Caribbean Cruises (RCL) Tops Q3 EPS by 14c; $500M Stock Buyback

October 23, 2015 8:48 AM EDT

Royal Caribbean Cruises (NYSE: RCL) reported Q3 EPS of $2.84, $0.14 better than the analyst estimate of $2.70. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.53 billion.

Royal Caribbean Cruises sees FY2015 EPS of $4.80, versus the consensus of $4.72.

The... More

Royal Caribbean Cruises (RCL) Announces $200M ASR Agreement

October 23, 2015 8:46 AM EDT

Royal Caribbean Cruises (NYSE: RCL) today announced that it has entered into an agreement with Morgan Stanley & Co LLC to repurchase $200 million of the company's common stock under an accelerated stock repurchase (ASR) transaction.

Pursuant to the terms of the ASR... More