Royal Caribbean: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 06:40 AM ET
Last Updated - Dec 16, 2024, 05:54 PM EST
MIAMI (AP) — MIAMI (AP) — Royal Caribbean Cruises Ltd. (RCL) on Tuesday reported third-quarter net income of $1.11 billion.
On a per-share basis, the Miami-based company said it had profit of $4.21. Earnings, adjusted for one-time gains and costs, came to $5.20 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.05 per share.
The cruise operator posted revenue of $4.89 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $4.86 billion.
