Financial News

Royal Caribbean schedules second quarter 2016 earnings call

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19Jul2016

Royal Caribbean will hold a conference call on August 2, 2016 at 10:00 a.m. to discuss its second quarter 2016 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 First Quarter 2016 Earnings Call Scheduled

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21Apr2016

Royal Caribbean will hold a conference call on April 29, 2016 at 10:00am to discuss its first quarter 2016 financial results.

The call will be available on-line at the company's investor relations website, 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 fourth quarter 2015 financial results

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02Feb2016

Royal Caribean reported fourth quarter 2015 financial results of a net income of $206.8 million.  That is up from a net income of $70 million in the same quarter last year.

Royal Caribbean attributes the higher income to stronger demand in the Caribbean and new China sailings in the winter.

Royal Caribbean also reported for the year, a profit of $665.8 million, or $3.02 per share. 

Looking forward to 2016, Royal Caribbean says its bookings are "roughly equal" to last year's record high, and at higher rates.

Continued strength from North American consumers is driving strong demand for North American products such as Caribbean, Alaska, and Bermuda which represent over 50% of capacity for the year. These North American products combined with strong demand for Northern Europe and Asia sailings are expected to more than offset current pricing challenges impacting the Mediterranean, Australia and Brazil.

In the second quarter of 2016, Royal Caribbean International will take delivery of its third Quantum class ship, Ovation of the Seas. Also debuting during the second quarter is its third Oasis class ship, Harmony of the Seas. Splendour of the Seas will leave the Royal Caribbean fleet in April.

"Our core brands are firing on all cylinders, our new ships are performing exceptionally well and our costs are well controlled. This is driving 40%+ earnings growth in two consecutive years," said Richard D. Fain, chairman and chief executive officer. "These very gratifying results combined with a strong start to Wave position us well on our path toward Double-Double."

Royal Caribbean Fourth Quarter Earnings Call Scheduled

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22Jan2016

Royal Caribbean will hold a conference call on February 2, 2016 at 10am to discuss its fourth quarter 2015 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 third quarter results

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23Oct2015

Royal Caribbean reported a 5.4 percent rise in quarterly revenue in its third quarter 2015 financial results.

Caribbean and European demand and strong performance in Asia more than off-set further weakness in Latin America.  In addition, Anthem of the Seas joining the fleet, efforts to drive incremental Onboard Revenue, and a continued focus on cost efficiencies also contribute to a stronger end of the year.

Royal Caribbean's total revenue jumped to $2.52 billion from $2.39 billion a year earlier, in the third quarter.

"As we have reiterated throughout the year, we remain ahead on both pricing and volume versus same time last year," said Jason T. Liberty, chief financial officer. "While Latin America is stressing yields in the fourth quarter, strong year-over-year pricing in the Caribbean, and the addition of capacity in China, will solidify this fourth quarter as the best in our company's history."

Royal Caribbean also announced a $500 million share repurchase program, where the company will look to buyback its common stock. The company plans to begin with an accelerated share repurchase transaction of $200 million that should be completed by the end of January 2016. The company expects to complete the program by year-end 2016.

Royal Caribbean Third Quarter 2015 Earnings Call Scheduled

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15Oct2015

Royal Caribbean will hold a conference call on October 23, 2015 at 10am to discuss its third quarter 2015 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 schedules second quarter 2015 earnings call

In:
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23Jul2015

Royal Caribbean will hold a conference call on July 31, 2015 at 10am to discuss its second quarter 2015 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 stronger than expected first quarter earnings

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20Apr2015

Royal Caribbean reported its 2015 first quarter earnings today that came in notably higher than expected.

Royal Caribbean's adjusted net income was $45.2 million, or $0.20 per share, versus a forecast of $0.10 to $0.15 per share. Results were approximately $0.08 better than the mid-point of guidance, despite a $0.05 currency and fuel headwind.

Overall booking volumes during the first quarter were higher than prior year levels even after adjusting for an increase in capacity.  Caribbean itineraries enjoyed particularly strong demand, and bookings were also up year-over-year for Europe and China itineraries.

More recently, Royal Caribbean has taken further steps to improve the integrity of its pricing model including steps to eliminate last minute discounting.

European itineraries in general are booked at a higher load factor  than last year. Western Mediterranean itineraries have been booking well, while trends have been a little weaker for Eastern Mediterranean itineraries, particularly those that turn in Turkey.

Demand for China remains strong and bookings have been outpacing expectations despite the significant capacity growth in the region. 

Royal Caribbean First Quarter Earnings Call Scheduled

In:
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13Apr2015

Royal Caribbean will hold a conference call on April 20, 2015 at 9:30am to discuss its first quarter 2015 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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