MW Royal Caribbean's stock surges after earnings beat and full-year outlook raised
Shares of Royal Caribbean Group $(RCL)$ jumped 3.1% in premarket trading Tuesday, after the cruise operator beat first-quarter profit expectations and boosted its full-year outlook, as it took in record bookings during the peak season.
The company said it now expects 2025 adjusted earnings per share, which excludes nonrecurring items, of $14.55 to $15.55, up from previous guidance of $14.35 to $14.65. That compares with the FactSet consensus of $14.94.
For the first quarter, adjusted EPS rose to $2.71 from $1.77 in the same period a year ago, to beat the FactSet consensus of $2.55.
The company said bookings in April to start the second quarter were above levels seen last year, including continued strength in close-in bookings.
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-Tomi Kilgore
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April 29, 2025 06:39 ET (10:39 GMT)
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