Royal Caribbean forecasts annual profit above estimates
Reuters
Jan 29
Royal Caribbean forecasts annual profit above estimates
Jan 29 (Reuters) - Royal Caribbean RCL.N forecast annual sales and profit above Wall Street estimates on Thursday, betting on strong demand from affluent consumers who are spending more onboard during its cruise vacations and on higher ticket prices.The company expects fiscal 2026 adjusted profit per share of $17.70 to $18.10, compared with analysts' expectations of $17.7 per share, according to data compiled by LSEG.
(Reporting by Sanskriti Shekhar in Bengaluru ; Editing by Tasim Zahid)
((Sanskriti.Shekhar@thomsonreuters.com))
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