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]
Why Royal Caribbean Stock Soared After Huge News Today