Royal Caribbean Posts Higher 3Q Profit, Says Weather, Destination Closure Hurting 4Q

Dow Jones
Oct 28

By Nicholas G. Miller

 

Royal Caribbean reported higher third-quarter profit and raised its full-year adjusted earnings guidance, but said that its fourth quarter was being hurt by adverse weather and the continued closure of one of its destinations.

The cruise company posted net income of $1.56 billion, or $5.74 a share, up from $1.11 billion, or $4.21 a share, the year prior.

Adjusted earnings were $5.75 a share, beating analysts' expectation of $5.69, according to FactSet.

Sales rose to $5.14 billion from $4.89 billion. Wall Street expected $5.17 billion.

The company said its fourth-quarter is being impacted by recent adverse weather and the unplanned extension of the temporary closure at one of its destinations in Labadee, Haiti.

It guided for full-year adjusted earnings of $15.58 to $16.63, up from its previous forecast of $15.41 to $15.55 a share. That is below Wall Street's expectation of $15.70.

Shares fell 7.3% to $296.87 in premarket trading.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

 

Royal Caribbean posted third-quarter net income of $1.58 billion and guided for full-year adjusted earnings of $15.58 to $15.63 a share. "Royal Caribbean Posts Higher 3Q Profit, Says Weather, Destination Closure Hurting 4Q," at 7:02 a.m. ET, incorrectly said net income was $1.56 billion and full-year adjusted earnings per share were seen at $15.58 to $16.63.

 

(END) Dow Jones Newswires

October 28, 2025 13:20 ET (17:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10