Royal Caribbean (RCL) reported second quarter net income of $458.8 million or $1.70 per share compared to a net loss of $0.5 billion or $2.05 per share, prior year. Adjusted net income was $491.7 million or $1.82 per share compared to a loss of $0.5 billion or $2.08 per share, previous year. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $1.55, for the quarter. Analysts' estimates typically exclude special items.
The company said earnings results were significantly better than its guidance due to stronger pricing on closer-in demand and further strength in onboard revenue.
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