
• Reported GAAP EPS of $3.49 up 28.78% YoY • Reported revenue of $4.45B up 11.33% YoY • Royal Caribbean Group expects full-year Adjusted EPS in the range of $17.10 to $17.50, representing 11% year over year growth, and anticipates revenue to grow roughly 10% year over year.
Bullish
Royal Caribbean Group achieved strong Q1 results, driven by robust demand and strategic portfolio expansion with new offerings and ship orders, while also returning significant capital to shareholders.
Bearish
Royal Caribbean Group faces moderated bookings in key itineraries due to geopolitical events, alongside higher full-year fuel costs and increased Q2 operating costs from drydock days and crew movement.