
Royal Caribbean Group reported Q3 revenue of $5.14B and adjusted EPS of $5.75, exceeding expectations, and anticipates full year adjusted EPS of $15.58 to $15.63; they expect net yield growth of three and a half to 4% for the full year.
Bullish
Third quarter results exceeded expectations, driven primarily by strong close in demand for vacation offerings and lower costs.
Bearish
Fourth quarter outlook has been trivially impacted due to adverse weather and the unplanned extension of the temporary closure of Labadee.