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Royal Caribbean Cruises Q4 Profit Increases; Provides Q1, FY10 EPS View - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Royal Caribbean Cruises Ltd. (RCL) reported fourth quarter net income of $3.35 million or $0.02 per share, compared to $1.48 million or $0.01 per share last year.

On average, 17 analysts polled by Thomson Reuters expected the company to report loss of $0.06 per share. Analysts' estimates typically exclude special items.

Total revenues declined to $1.45 billion from $1.46 billion in the same quarter a year earlier.

Sixteen analysts estimated revenues of $1.44 billion.

The company provided estimates for the first quarter and full year 2010. Earnings per share for the first quarter is expected in a range of $0.25 - $0.30, while earnings per share for the full-year is estimated to be in a range of $2.00 - $2.20.

Analysts expect the company to earn $0.03 per share for the first quarter and $1.48 per share for the full year.

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