Royal Caribbean Cruises Ltd. (RCL) reported that its first-quarter net income rose to $76.23 million or $0.35 per share, from $46.96 million or $0.21 per share last year. Total revenues increased to $1.91 billion, from $1.84 billion last year.
On average, 21 analysts polled by Thomson Reuters expected the company to report profit of $0.21 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.86 billion for the quarter.
The company continues to expect that 2013 earnings will be in the range of $2.30 to $2.50 per share. The company expects that second-quarter earnings will be in the range of $0.10 to $0.15 per share. Analysts expect the company to report second-quarter profit per share of $0.20. Analysts expect the company to report fiscal 2013 profit per share of $2.46.
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