Royal Caribbean reports FY2024 Adj EPS $11.80, beats guidance; FY2025 guidance $14.35-$14.65; launches river cruises

ROYAL CARIBBEAN CRUISES LTD

2024-FY EPS reported $10.94 revenue$16,484,000,000

FY2024 revenue $16.5B, Net Income $2.9B, Adj EPS $11.80 (above guidance); Adj EBITDA $6.0B.
Q4 2024 Adj EPS $1.63 (up 30% YoY), revenue $3.8B; Net Yields grew 7.3% constant currency.
FY2025 guidance: Adj EPS $14.35-$14.65 (+23% YoY), Net Yields +2.5%-4.5% constant currency; Q1 Adj EPS $2.43-$2.53.
Record WAVE season bookings; best five booking weeks in company history; booked load factors at higher rates.
Launches Celebrity River Cruises with initial order of 10 ships; bookings start this year, sail in 2027.

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