Royal Caribbean reports Q2 adjusted EPS $3.21, consensus $2.75

Reports Q2 revenue $4.11B, consensus $4.04B. “Our momentum continues! We met our financial targets 18 months earlier than expected, have our balance sheet in a strong position, reinstated our dividend, and … we are just getting started,” said Jason Liberty, president and CEO, Royal Caribbean Group. “Exceptional demand for our vacation experiences has accelerated our performance by generating significant yield growth over the past several years,” added Liberty. “As we look forward, we remain intensely focused on driving strong shareholder returns by delivering a lifetime of vacations and taking a greater share of the rapidly growing $1.9 trillion global vacation market. This is underpinned by our formula for future success – disciplined growth and moderate yield growth while controlling our costs.”