Royal Caribbean Group

RCL: XNYS (USA)
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Royal Caribbean Earnings: Bookings Defy Gravity as Demand Holds Firm Despite Consumer Uncertainty

Royal's first-quarter revenue of $4 billion and adjusted EPS of $2.71 grew 7% and 53%, respectively. Strong demand led the firm to lift its full-year outlook to include as-reported yield growth of 2.5%-4.5% (from 1.8%-3.8%) and adjusted EPS to $14.55-$15.55 (from $14.35-$14.65).

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