Royal Caribbean reports Q1 adjusted EPS $3.60, consensus $3.20

Reports Q1 revenue $4.45B, consensus $4.48B. “Our strong first quarter results and record WAVE season demonstrate the exceptional appeal and compelling value proposition of our trusted brands, industry-leading ships, and destinations,” said Jason Liberty, Chairman and CEO, Royal Caribbean (RCL) Group. “Demand for our experiences continues to be strong, and we remain focused on delivering the best vacations responsibly, accelerating revenue growth, and managing costs, all while continuing to invest in our future and drive further differentiation. We expect another year of double-digit revenue and earnings growth, driven by consumers’ preference for our leading brands and expanding portfolio – all supported by our strong booked position, leading margin profile, and fortified balance sheet.”