Form 8-K ROYAL CARIBBEAN CRUISES For: May 04

Go back to Form 8-K ROYAL CARIBBEAN CRUISES For: May 04

Royal Caribbean's Q1 boosted by better-than-expected demand, guidance tops expectations

May 4, 2023 9:01 AM EDT

Cruise line Royal Caribbean (NYSE: RCL) surged more than 7% Thursday after posting a better-than-expected loss in the first quarter, with revenue and guidance also smashing consensus expectations.

With the demand for cruises strong, RCL posted revenue of $2.89 billion above the consensus estimate of $2.82 billion. Meanwhile,... More