earnings
confidence high
sentiment positive
materiality 0.85
Royal Caribbean Q2 Adj EPS $4.38 beats guidance; raises FY 2025 outlook to $15.41-$15.55
ROYAL CARIBBEAN CRUISES LTD
2025-Q2 EPS reported
$7.10
revenue$8,537,000,000
- Q2 total revenues $4.5B, net income $1.2B; Adjusted EBITDA $1.9B.
- EPS of $4.41, Adjusted EPS of $4.38 vs. $3.21 prior year, driven by strong close-in demand and lower costs.
- Net Yields up 5.3% as-reported; load factor 110%, up 2 points vs. Q2 2024.
- Full year 2025 Adj EPS raised to $15.41-$15.55, ~31% YoY growth; Net Yields expected +3.5% to +4.0%.
- Liquidity $7.1B; upsized revolver to $6.4B and extended maturity to 2030; received investment-grade ratings.
item 2.02item 9.01