Royal Caribbean Cruises (RCL) Tops Q4 EPS by 1c

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Royal Caribbean Achieves Double-Double, Reports 2017 Results, And Provides Forward Guidance

January 24, 2018 8:01 AM EST

MIAMI, Jan. 24, 2018 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) today reported 2017 US GAAP and adjusted earnings of $7.53 per share beating the Double-Double EPS target and the mid-point of previous guidance by $0.75 and $0.16, respectively.  In addition, the company announced that 2018 adjusted earnings are expected to be in the range of $8.55 to $8.75 per share.

KEY HIGHLIGHTS

Full Year 2017:

US GAAP and Adjusted Net Income were $1.63 billion or $7.53 per share. Last year, US GAAP Net Income was $1.28 billion, or $5.93 per share, and Adjusted Net Income was $1.31... More