Core Insights - Royal Caribbean Group (RCL) experienced a significant stock increase of over 12%, reaching an all-time high, following the release of better-than-expected earnings and strong future guidance [1][4] Financial Performance - The company reported fourth-quarter earnings per share (EPS) of $2.02, surpassing analyst expectations of $1.50, with revenue rising 13% year-over-year to $3.76 billion, aligning closely with forecasts [2] Demand and Growth Strategy - Royal Caribbean highlighted benefits from higher pricing across all key products and improved onboard revenue, with strong demand reflected in record bookings over a five-week period [3][5] - The company anticipates 23% adjusted earnings growth in 2025, driven by a strategy focused on moderate capacity growth, moderate yield growth, and strong cost discipline [3] - Additionally, Royal Caribbean plans to start taking bookings for new river cruises, set to launch on 10 new ships in 2027 [3][5]

Financial Data and Key Metrics Changes - The company delivered a record 8,600,000 vacations in 2024 with an 11.6% net yield growth and generated over $5 billion in operating cash flow [20][21] - Adjusted earnings per share for Q4 was $1.63, with a 10% year-over-year growth in adjusted EBITDA [40] - The company achieved a 74% year-over-year adjusted EPS growth and ended the year with revenue yields up 7.3% in Q4 [28][40] Business Line Data and Key Metrics Changes - The introduction of new ships like Icon of the Seas and Utopia of the Seas contributed to strong performance across brands, with elevated demand leading to better pricing and onboard spend [28][40] - The Caribbean market represented 57% of deployment, with a 6% increase in capacity over the previous year [45] Market Data and Key Metrics Changes - North America is expected to source about 80% of guests in 2025, with strong demand noted in the Caribbean and Alaska [32][45] - The company is seeing positive consumer sentiment driven by strong labor markets and high wages, leading to increased spending on travel experiences [33][35] Company Strategy and Development Direction - The company plans to expand into river cruising with Celebrity River Cruises starting in 2027, aiming to capture a significant market share in a growing segment [22][23] - The strategy focuses on moderate capacity growth, moderate yield growth, and strong cost control to enhance profitability [21][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for 2025, with bookings accelerating and the best booking weeks in company history [30][31] - The company anticipates 23% earnings growth in 2025, driven by new ship introductions and a focus on enhancing customer experiences [35][47] Other Important Information - The company is committed to maintaining investment-grade balance sheet metrics while investing $5 billion in strategic growth initiatives [48][51] - The introduction of new digital capabilities has improved the customer experience and reduced booking times significantly [29] Q&A Session Summary Question: Yield guidance and comparisons to previous years - Management acknowledged that strong demand in Q4 elevated the base for comparisons, making yield growth guidance more challenging [54][56] Question: River market entry and competitive positioning - Management highlighted the fragmented nature of the river market and the opportunity to elevate the Celebrity brand within this space, focusing on high-quality demand [60][62] Question: Capital expenditure outlook - Management provided insights on the expected capital expenditures for new builds and non-new builds, emphasizing the importance of maintaining a strong balance sheet while investing in growth [76][80] Question: Birthing rights for river cruises - Management confirmed that birthing rights have been secured for river cruises and expressed confidence in the demand for the new offering [90][91]

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Royal Caribbean Cruises delivered exceptional fourth-quarter 2024 earnings, meeting or exceeding expectations in key performance areas.Passenger cruise specialist Royal Caribbean (RCL 9.55%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Jan. 28, that matched or exceeded analyst consensus estimates. The company's performance showcased strong demand and pricing strategies. Adjusted earnings per share (EPS) came in at $1.63, topping the analyst estimate of $1.50. Revenue reached $3.76 billion ...

Q4 2024 EARNINGS CALL FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL INFORMATION Certain statements in this presentation relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2025 and beyond; demand for our brands; expectations on timing and demand for river ...

Royal Caribbean (RCL) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.67%. A quarter ago, it was expected that this cruise operator would post earnings of $5.05 per share when it actually produced earnings of $5.20, delivering a surprise of 2.97%.Over the last four quarters, the com ...

Exhibit 99.1 • Total revenues were $16.5 billion, Net Income was $2.9 billion or $10.94 per share, Adjusted Net Income was $3.2 billion or $11.80 per share, and Adjusted EBITDA was $6.0 billion. Full Year 2025 Outlook: Fourth Quarter 2024 Results FOR IMMEDIATE RELEASE ROYAL CARIBBEAN GROUP REPORTS 2024 RESULTS, ISSUES 2025 GUIDANCE AND ANNOUNCES LAUNCH OF RIVER VACATIONS Stronger than expected close-in demand drives fourth quarter results WAVE season off to a record start, propelling 2025 momentum Adjusted ...

MIAMI, Jan. 28, 2025 /PRNewswire/ -- Celebrity Cruises will usher in a new era in river cruising with Celebrity River Cruises, a premium river cruise vacation that will begin taking bookings this year. The brand has signed an initial order for 10 transformative ships that will take guests to historic cities on the world's most iconic rivers, launching in Europe. Celebrity Cruises will bring the elevated design and sophistication of the Edge Series ocean ships to the river. When you combine that with the bra ...

Stronger than expected close-in demand drives fourth quarter results  WAVE season off to a record start, propelling 2025 momentum Adjusted EPS in 2025 are expected to be $14.35 to $14.65 Expanding vacation offering through the launch of Celebrity River Cruises MIAMI, Jan. 28, 2025 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported 2024 Earnings per Share ("EPS") of $10.94 and Adjusted EPS of $11.80. These results were better than the company's guidance due to stronger pricing on close-in deman ...

Royal Caribbean Group (RCL) is scheduled to report fourth-quarter 2024 results on Jan. 28, before the opening bell.In the last reported quarter, adjusted earnings and revenues topped the Zacks Consensus Estimate by 3% and 0.6%, respectively. On a year-over-year basis, both metrics increased 35.1% and 17.5%, respectively.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Notably, the company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an averag ...