ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND

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Go back to ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND

Royal Caribbean (RCL) tops Q1 expectations, raises full-year earnings guidance

April 25, 2024 6:45 AM EDT

Shares of Royal Caribbean (NYSE: RCL) surged 4.8% following the announcement of their first-quarter earnings, which exceeded analysts' expectations. The cruise operator reported an adjusted EPS of $1.77, surpassing the consensus estimate of $1.32. Revenue for the quarter was also higher than anticipated, coming in at $3.7 billion against the expected $3.69 billion.

The company attributed the strong performance to robust demand and higher onboard spending, which led to a notable increase in revenue and earnings compared to the same quarter last year. The positive results have prompted Royal Caribbean to raise its full-year 2024 adjusted EPS guidance... More

Royal Caribbean (RCL) Tops Q1 EPS by 45c, Misses on Revenue; Offers FY24 EPS Guidance

April 25, 2024 6:34 AM EDT

Royal Caribbean (NYSE: RCL) reported Q1 EPS of $1.77, $0.45 better than the analyst estimate of $1.32. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.69 billion.

GUIDANCE:

Royal Caribbean sees FY2024 EPS of $10.70-$10.90, versus the consensus of... More