Financial News

Royal Caribbean schedules third quarter 2018 earnings call

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19Oct2018

Royal Caribbean will hold a conference call on October 25, 2018, at 10am to discuss its third quarter 2018 financial results.

The call will be available on-line at the company's investor relations web site, www.rclinvestor.com. To listen to the call by phone, please dial (877) 663-9606 in the US and Canada. International phone calls should be made to (706) 758-4628. There is no passcode or meeting number.

A replay of the webcast will be available at the same site for a month following the call.

Royal Caribbean To Hold Conference Call On Second Quarter 2018 Earnings

In:
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30Jul2018

Royal Caribbean will hold a conference call on August 2, 2018 at 10am to discuss its second quarter 2018 financial results.

The call will be available on-line at the company's investor relations web site, www.rclinvestor.com. To listen to the call by phone, please dial (877) 663-9606 in the US and Canada. International phone calls should be made to (706) 758-4628. There is no passcode or meeting number. A replay of the webcast will be available at the same site for a month following the call.

Royal Caribbean Cruises Ltd. declares dividend & announces $1 Billion stock buyback

In:
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10May2018

Royal Caribbean Cruises Ltd announced  a quarterly dividend of $0.60 per common share payable on July 3, 2018, to shareholders of record at the close of business on June 4, 2018. 

The company also announced today that its Board of Directors has approved the repurchase of $1 billion of the company's common stock over the next two years.

"Over the past five years, we have increased our dividends fivefold and repurchased close to $1.25 billion in common stock," said Richard D. Fain, chairman and CEO.  "We are very pleased to be in a position to improve returns for our shareholders, which remains one of our top priorities."

Royal Caribbean Fourth Quarter 2017 Earnings Call Scheduled

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18Jan2018

Royal Caribbean will hold a conference call on January 24, 2018 at 10am to discuss its fourth quarter 2017 financial results.

The call will be available on-line at the company's investor relations web site,www.rclinvestor.com. To listen to the call by phone, please dial (877) 663-9606 in the US and Canada. International phone calls should be made to (706) 758-4628. There is no passcode or meeting number. A replay of the webcast will be available at the same site for a month following the call.

Royal Caribbean reports record third quarter earnings

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07Nov2017

Royal Caribbean Cruises Ltd. reported today its third quarter results, of $3.49 per share, which includes a $0.20 negative impact from the recent hurricane.

US GAAP and Adjusted Net Income for the third quarter were $752.8 million or $3.49 per share, better than previous guidance. Last year, US GAAP Net Income was $693.3 million, or $3.21 per share, and Adjusted Net Income was $690.9 million, or $3.20 per share.

"Delivering record earnings during a period of such unprecedented disruption is a testament to the strength in demand for cruising and for our brands," said Jason T. Liberty, executive vice president and CFO. "Strong demand trends coupled with our continued cost discipline have put us in a strong position to successfully complete our Double-Double program. As a matter of fact, I am pleased to report that we have already achieved our Double-Double targets on a trailing twelve month basis through September 2017."

Financially, the hurricanes that devastated many people and places in Texas, Florida, and the Caribbean, were unusually impactful because of when and where they hit and the net effect was a cost to the company in excess of $55 million or $0.26 per share. Most of this impact was from lost revenue, but there were also direct costs associated with the storms and with the company's humanitarian efforts.

The company expects full year Adjusted EPS guidance to be in the range of $7.35 to $7.40 per share. Excluding the cost of the hurricanes, Adjusted EPS would have been in the range of $7.60 to $7.65 per share.

Management is excited by the 2018 introduction of Symphony of the Seas in Europe next spring and Celebrity Edge in Fort Lauderdale in December of 2018. While still early in the booking cycle, the view for 2018 is encouraging and the company expects another year of solid yield and earnings growth.

Royal Caribbean schedules third quarter 2017 earnings call

In:
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31Oct2017

Royal Caribbean will hold a conference call on November 7, 2017, at 10am to discuss its third quarter 2017 financial results.

The call will be available on-line at the company's investor relations web site, www.rclinvestor.com. To listen to the call by phone, please dial (877) 663-9606 in the US and Canada. International phone calls should be made to (706) 758-4628. There is no passcode or meeting number.

A replay of the webcast will be available at the same site for a month following the call.

Royal Caribbean reports highest second quarter earnings in company history

In:
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01Aug2017

Royal Caribbean reported its second quarter 2017 financial results today, with positive news all around. The company reported US GAAP and Adjusted Earnings per Share ("EPS") of $1.71 for the second quarter. This represents EPS growth of nearly 60% over same time last year. Better than anticipated performance in the second quarter combined with favorable booking trends are driving an increase in the Company's full year Adjusted EPS guidance to a range of $7.35 to $7.45.

"Our brands are executing beautifully, keeping the business in an exceptionally strong position," said Richard D. Fain, chairman and CEO. "Strong close-in demand for cruise bolstered the quarter, and we see further uplift for the balance of the year, positioning us well for the Double-Double and beyond."

US GAAP and Adjusted Net Income was $369.5 million or $1.71 per share. Last year, US GAAP Net Income was $229.9 million or $1.06 per share and Adjusted Net Income was $235.2 million, or $1.09 per share in 2016.

"Demand has remained strong, and we have captured the related revenue opportunity," said Jason T. Liberty, executive vice president and CFO. "These demand trends and continued cost discipline have resulted in the highest second quarter earnings in company history and have put us in position for another record year and achieving our Double-Double targets."

You can read the full financial results from Royal Caribbean's second quarter.

Royal Caribbean To Hold Conference Call On Second Quarter 2017 Earnings

In:
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26Jul2017

Royal Caribbean will hold a conference call on August 1, 2017 at 10am to discuss its second quarter 2017 financial results.

The call will be available on-line at the company's investor relations web site, www.rclinvestor.com. To listen to the call by phone, please dial (877) 663-9606 in the US and Canada. International phone calls should be made to (706) 758-4628. There is no passcode or meeting number. A replay of the webcast will be available at the same site for a month following the call.

Royal Caribbean reports better than expected first quarter earnings

In:
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28Apr2017

Royal Caribbean reported its first quarter 2017 earnings, with a net income of $214.7 million. The earnings per share were better than expected mainly due to improved revenue and overall bookings for the rest of the year continue to perform as expected.

The company also announced today board authorization for a $500 million share repurchase program.

Royal Caribbean reported thus far, the year has developed very much along the trajectory the company projected at the beginning of the year. Bookings started the year on a very strong note and continued to please. This strong demand for cruises generally has offset the recent headwinds from the disrupted Korean sailings mainly during the second and third quarters.

You can read the full quarterly earnings report here.

Royal Caribbean First Quarter 2017 Earnings Call Scheduled

In:
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21Apr2017

Royal Caribbean will hold a conference call on April 28, 2017 at 10am to discuss its first quarter 2017 financial results.

The call will be available on-line at the company's investor relations web site, www.rclinvestor.com. To listen to the call by phone, please dial (877) 663-9606 in the US and Canada. International phone calls should be made to (706) 758-4628. There is no passcode or meeting number. A replay of the webcast will be available at the same site for a month following the call.

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