Royal Caribbean raises profit forecast buoyed by travel boom, higher prices

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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

Carnival (CCL), Norwegian (NCLH) Trade Higher in Sympathy with Royal Caribbean (RCL)

May 4, 2023 8:36 AM EDT

Carnival (NYSE: CCL), Norwegian (NYSE: NCLH) Trade Higher in Sympathy with Royal Caribbean (NYSE: RCL)

RCL +8 Following ResultsCCL +4%NCLH +3%
... More