Key TakeawaysThe S&P 500 added 0.9% on Tuesday, Jan. 28, 2025, bouncing back from the prior day's selloff in advance of the Fed's interest-rate decision on Wednesday.Royal Caribbean shares surged as the cruise operator beat quarterly profit estimates and issued an upbeat 2025 forecast, citing strong bookings, pricing, and onboard revenue.General Motors reported a quarterly loss, reflecting impacts from restructuring in China and the discontinuation of its robotaxi program, and the automaker's shares dropped ...

Core Insights - Royal Caribbean Group's shares reached an all-time high following strong earnings and guidance, with a 13.4% increase in stock price [1] - The company reported adjusted fourth-quarter net earnings of $1.63 per share, exceeding Wall Street expectations, while revenue met estimates [2] - Royal Caribbean anticipates adjusted earnings per share to rise further in 2025 due to strong demand for vacation experiences [3] Company Developments - The company is launching a new premium river cruise brand, Celebrity River Cruises, which will start accepting bookings this year and plans to commence operations in 2027 with an initial order of 10 new ships [4] - The introduction of the luxury river cruise brand is expected to appeal to the existing customer base, with about half of current guests having experienced or intending to participate in river cruises [5] Market Outlook - Royal Caribbean predicts a more than 20% increase in earnings for 2025 compared to 2024, driven by strong demand and pricing environment [5] - The success of Viking Holdings' IPO and its subsequent stock performance has drawn attention to the river cruise market, potentially benefiting Royal Caribbean's new venture [4]

Royal Caribbean Cruises Ltd. (RCL) reported mixed fourth-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate while the revenues missed the same. Notably, the top and bottom lines increased on a year-over-year basis.See the Zacks Earnings Calendar to stay ahead of market-making news.The company’s performance during the quarter was driven by stronger pricing on close-in demand and continued strength in onboard revenues. Its diversified fleet offerings, accompanied by its commerci ...

Key TakeawaysHigher prices and more onboard revenue helped lift profit at Royal Caribbean.The cruise line said demand remained strong, with a record-setting number of bookings over a five-week period.Royal Caribbean will start offering river cruises in 2027. Royal Caribbean Group (RCL) led S&P 500 gainers Tuesday morning, with shares rising more than 12% to hit an all-time high, after the cruise ship operator posted better-than-expected profit and gave strong guidance, boosted by price hikes and purchases ...

Royal Caribbean Cruises (RCL) Q4 2024 Earnings Call January 28, 2025 10:00 AM ET Company Participants Blake Vanier - Vice President, Investor RelationsJason Liberty - Chief Executive OfficerNaftali Holtz - Chief Financial OfficerSteven Wieczynski - Managing DirectorRobin Farley - Managing DirectorMichael Bayley - President and CEO of Royal Caribbean International Conference Call Participants Brandt Montour - AnalystJames Hardiman - Director - Leisure and Travel AnalystMatthew Boss - AnalystConor Cunningham ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

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 ...