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Royal Caribbean Cruises Soars 5.07% on Strong Q1 Earnings
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 29, 2025 8:23 am ET1min read
On April 29, 2025,
saw a pre-market rise of 5.07%.Royal Caribbean Group reported strong first-quarter 2025 results, with earnings per share (EPS) of $2.70 and adjusted EPS of $2.71, surpassing market expectations. The company's earnings totaled $730 million, a significant increase from $360 million in the same period last year. Revenue for the quarter was $4.0 billion, slightly below estimates but still indicative of robust performance. The cruise operator expects its per-share earnings to range from $4 to $4.10 for the current quarter and full-year earnings between $14.55 and $15.55 per share.
This strong financial performance is likely to have a positive impact on investor sentiment, contributing to the pre-market rise in the company's stock price. The company's ability to exceed earnings expectations and maintain strong revenue figures suggests a positive outlook for the cruise industry and Royal Caribbean's position within it.
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