Royal Caribbean Group reported robust Q3 2024 results with EPS of $4.21 and Adjusted EPS of $5.20, exceeding guidance due to stronger pricing and onboard revenue. Total revenue reached $4.9 billion with net income of $1.1 billion. Load factor achieved 111% while Net Yields increased 7.9% YoY in constant currency.The company raised its full year 2024 Adjusted EPS guidance to $11.57-$11.62, reflecting a 71% YoY growth. Net Yields are expected to increase 10.8-11.3% in constant currency for 2024. The strong performance is driven by robust demand across key products, particularly European and Alaskan itineraries.Strategic growth initiatives were announced including Perfect Day Mexico opening in 2027, a new 150-room hotel in Chile opening in 2025, and Royal Beach Club developments in Paradise Island and Cozumel opening in 2025-2026. The company achieved a fully unsecured balance sheet through refinancing transactions and reduced share dilution through convertible notes exchange.

Royal Caribbean Group reported robust Q3 2024 results with EPS of $4.21 and Adjusted EPS of $5.20, exceeding guidance due to stronger pricing and onboard revenue. Total revenue reached $4.9 billion with net income of $1.1 billion. Load factor achieved 111% while Net Yields increased 7.9% YoY in constant currency.The company raised its full year 2024 Adjusted EPS guidance to $11.57-$11.62, reflecting a 71% YoY growth. Net Yields are expected to increase 10.8-11.3% in constant currency for 2024. The strong performance is driven by robust demand across key products, particularly European and Alaskan itineraries.Strategic growth initiatives were announced including Perfect Day Mexico opening in 2027, a new 150-room hotel in Chile opening in 2025, and Royal Beach Club developments in Paradise Island and Cozumel opening in 2025-2026. The company achieved a fully unsecured balance sheet through refinancing transactions and reduced share dilution through convertible notes exchange.