Shares of Royal Caribbean Group $(RCL)$ rose 2.3% in premarket trading Tuesday trading after the cruise operator reported fourth-quarter profit that beat expectations and said forward bookings have accelerated in the past few months.
Adjusted earnings per share for the latest quarter rose to $1.63 from $1.25, compared with the FactSet consensus of $1.50.
The company expects 2025 adjusted EPS of $14.35 to $14.65, surround the current FactSet consensus of $14.45.
"Close-in demand in the fourth quarter remained strong on both a rate and volume basis," the company said. "Bookings have accelerated since the last earnings call, resulting in the best five booking weeks in the company's history."
This is breaking news. Check back for updates.
-Tomi Kilgore
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 28, 2025 06:38 ET (11:38 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.