Royal Caribbean (NYSE:RCL) is riding a wave of strong demand, reporting record-breaking bookings in 2024. The cruise line's earnings per share (EPS) came in at $10.94, far exceeding its earlier guidance of $6.31. Full-year revenue jumped to $16.4 billion, up from $13.9 billion in 2023, fueled by higher passenger spending on food, drinks, and experiences.
The company said it just had its best five weeks of bookings ever, highlighting the growing appetite for cruises. Looking ahead, Royal Caribbean is launching Celebrity River Cruises, a luxury river cruise brand focused on European destinations. The company has ordered 10 ships, with sailings set to begin in 2027.
For 2025, the cruise giant expects adjusted EPS between $14.35 and $14.65, despite a $0.65 impact from currency and fuel costs. That's still ahead of analyst estimates of $14.41, pointing to another strong year ahead.
This article first appeared on GuruFocus.免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。