Reported 1 day ago
Royal Caribbean Cruises (RCL) experienced a significant boost in stock value after reporting fourth-quarter earnings that met expectations, with revenues of $3.76 billion and adjusted earnings of $1.63 per share. CFO Naftali Holtz emphasized the strong consumer demand for vacations, positioning cruises as a valuable option. The company has also raised its profit guidance for 2025, reflecting optimism in travel prioritization among consumers.
Source: YAHOO