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Royal Caribbean (RCL)
NYSE:RCL
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
4.05Last Year’s EPS
3.21Same Quarter Last Year
Strong Buy
Based on 21 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 17.44%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong first quarter performance with record-breaking bookings and strategic growth plans. Despite macroeconomic uncertainties, the company maintains a positive outlook for 2025, with an investment grade balance sheet and a focus on delivering high-quality vacation experiences. However, challenges such as a shorter booking window and yield headwinds in the third quarter due to new ship delivery timings are noted.Company Guidance
During Royal Caribbean Group's first-quarter 2025 earnings call, the company shared strong results and an optimistic outlook for the remainder of the year, with several key metrics highlighted. The company reported a net yield increase of 5.6% and adjusted earnings per share of $2.71, surpassing guidance by $0.23. The success of WAVE Season, the best in company history, contributed to a robust booking position for 2025 and 2026, with bookings in April outpacing last year. Royal Caribbean anticipates capacity growth of 5.5% in 2025, driven by new ships such as Star of the Seas and Celebrity Xcel, and expects yield growth to range between 2.6% and 4.6%. The company projects full-year adjusted earnings per share to grow approximately 28%, landing between $14.55 and $15.55. Additionally, Royal Caribbean emphasized strong cash flow generation, robust liquidity, and minimal near-term maturities, underscoring their financial strength and strategic focus on growth and shareholder returns.Record-Breaking WAVE Season
The first quarter saw the best WAVE season in the company's history, with bookings outpacing last year across all products and close-in bookings trending particularly well.
Strong First Quarter Results
Yields grew 5.6% and adjusted earnings per share were $2.71, which was $0.23 higher than guidance. The quarter's performance was driven by better-than-expected close-in demand and favorable timing of expenses.
Positive Outlook and Growth Strategy
Capacity is expected to grow 5.5% in 2025 with yield growth projected between 2.6% to 4.6%. Full year adjusted earnings per share is expected to grow approximately 28% to between $14.55 and $15.55.
Investment Grade Balance Sheet
S&P Global Ratings upgraded the company's credit rating to investment grade, reflecting the strength of its financial position and consistent performance.
Successful New Ship Launches
The introduction of Star of the Seas, Celebrity Xcel, and other ships have driven strong pricing and load factors, supporting yield growth.
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RCL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RCL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $216.31 | $216.58 | +0.12% |
Jan 28, 2025 | $236.00 | $264.33 | +12.00% |
Oct 29, 2024 | $202.34 | $208.88 | +3.23% |
Jul 25, 2024 | $163.18 | $150.79 | -7.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Royal Caribbean (RCL) report earnings?
Royal Caribbean (RCL) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Royal Caribbean (RCL) earnings time?
Royal Caribbean (RCL) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RCL EPS forecast?
RCL EPS forecast for the fiscal quarter 2025 (Q2) is 4.05.
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