Royal Caribbean Cruises Ltd. (RCL) revealed a profit for its third quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $1.575 billion, or $5.74 per share. This compares with $1.111 billion, or $4.21 per share, last year.
Excluding items, Royal Caribbean Cruises Ltd. reported adjusted earnings of $1.577 billion or $5.75 per share for the period.
Analysts on average had expected the company to earn $5.68 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.2% to $5.139 billion from $4.886 billion last year.
Royal Caribbean Cruises Ltd. earnings at a glance (GAAP) :
-Earnings: $1.575 Bln. vs. $1.111 Bln. last year.-EPS: $5.74 vs. $4.21 last year.-Revenue: $5.139 Bln vs. $4.886 Bln last year.
-Guidance:Full year EPS guidance: $15.58 - $15.63
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.