Royal Caribbean Group (NYSE:RCL) reported revenue of $3.8 billion for the fourth quarter of 2024 beating consensus estimate of $3.76 billion. Earnings per share came in at $2.02, exceeding the estimated of $1.50 per share. Royal Caribbean demonstrated improved earnings, benefiting from a resurgence in travel demand with an occupancy rate achieved 108% for the quarter.
For the full year 2024, Royal Caribbean's revenue climbed to $16.5 billion, up from $13.9 billion in 2023. At the bottom line, this world's second largest cruise operator reported a net income of $2.9 billion higher than in 2023 where net income was $1.7 billion.
The numbers above revealed that the company has surpassed the pre-pandemic levels where in 2019 the revenue was 10.95 billion with net income of 1.87 billion. Royal Caribbean not only survive but also thrive with its diverse portfolio catering different markets at different pricing, quality and uniqueness.
You can make more informed investment decisions by visiting GuruFocus now and deep dive into Royal Caribbean's performance with charts, breakdowns, 30-year financial data, insiders, politicians' portfolio and more!
This article first appeared on GuruFocus.免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。