Financial Performance - First quarter 2025 EPS was $2.70, with Adjusted EPS at $2.71, exceeding guidance due to strong pricing and lower costs[1] - Total revenues for the first quarter reached $4.0 billion, with Net Income of $0.7 billion, compared to $0.4 billion in the same period last year[7] - Total revenues for the quarter ended March 31, 2025, were $3,999 million, an increase of 7.3% compared to $3,728 million in the same quarter of 2024[48] - Net income attributable to Royal Caribbean Cruises Ltd. for the quarter was $730 million, up from $360 million in the prior year, representing a 102.8% increase[48] - Adjusted EPS for the quarter was $2.70, compared to $1.35 in the same quarter of 2024, reflecting a 100% year-over-year growth[48] - Net income for the three months ended March 31, 2025, was $736 million, compared to $364 million in the same period of 2024, representing a 102% increase[55] - Adjusted net income attributable to Royal Caribbean Cruises Ltd. for Q1 2025 was $744 million, up from $478 million in Q1 2024, marking a 55.7% increase[66] - Adjusted EBITDA for Q1 2025 was $1,402 million, compared to $1,174 million in Q1 2024, indicating an increase of 19.4%[63] Operational Metrics - Load factor for the first quarter was 109%, with a 9% increase in guests served, totaling 2.2 million[8] - Passenger cruise days increased to 13,768,332 in Q1 2025, up from 13,149,708 in Q1 2024, indicating a growth of 4.7%[51] - Occupancy rate for the quarter was 108.8%, compared to 107.0% in the same quarter of the previous year[51] - Customer deposits increased to $838 million in Q1 2025, compared to $729 million in Q1 2024, showing a 15% growth[55] - Adjusted gross margin per passenger cruise day (PCD) for Q1 2025 was $237.96, compared to $230.96 in Q1 2024, indicating a 3% increase[59] Guidance and Future Outlook - Full year 2025 Adjusted EPS guidance increased to a range of $14.55 to $15.55, reflecting a year-over-year growth of approximately 28%[6] - Net Yields are expected to increase by 2.5% to 4.5% for the full year, with Gross Margin Yields up 13.9% in the first quarter[6] - The company is targeting a 20% compound annual growth rate in Adjusted EPS by the end of 2027 under its Perfecta Program[37] - Return on Invested Capital (ROIC) is aimed to be 17% or higher by the end of 2027[37] Capital Expenditures and Liquidity - The company anticipates capital expenditures of approximately $5 billion for 2025, primarily for new ship orders and land-based initiatives[21] - As of March 31, 2025, the company's liquidity position was $4.5 billion, including cash and undrawn credit facilities[17] - The company repurchased approximately 1.0 million shares during the quarter, with $759 million remaining for future repurchases[19] Expenses and Cash Flow - Fuel expenses for the second quarter are projected at $286 million, with consumption of 428,000 metric tons, 59% of which is hedged[16] - Total cruise operating expenses for Q1 2025 were $2,079 million, a slight decrease from $2,086 million in Q1 2024[61] - Net cash provided by operating activities for Q1 2025 was $1,627 million, compared to $1,328 million in Q1 2024, an increase of 22.5%[55] Assets and Liabilities - Total assets as of March 31, 2025, were $37,452 million, an increase from $37,070 million as of December 31, 2024[53] - Current liabilities increased to $10,300 million as of March 31, 2025, compared to $9,817 million at the end of 2024[53] New Initiatives - The company is set to debut new ships and destinations, including Star of the Seas and Royal Beach Club Paradise Island, enhancing its competitive position[11] - The company reported a comprehensive income of $837 million for the quarter, up from $417 million in the same quarter of 2024[48]

Accessibility StatementSkip Navigation "Reconnecting with loved ones over new experiences is important to Celebrity guests. Celebrity Xcel will be their happy place with new dining options and all-new entertainment and activities creating endless opportunities to 'Date Night, All Day Long'," said Michael Scheiner, chief marketing and product officer of Celebrity Cruises. "These elevated new experiences will invite guests to discover something new while creating shared memories."  The hardest part of a day o ...

Royal Caribbean Cruises Ltd. (RCL) is scheduled to release first-quarter 2025 results on April 29, 2025.The Zacks Consensus Estimate for RCL’s first-quarter earnings per share (EPS) is pegged at $2.52, suggesting 42.4% growth from the $1.77 reported in the prior-year quarter. The consensus mark has increased 1.2% in the past 60 days. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)RCL's Earnings Estimate Trend Image Source: Zacks Investment Research The consensus mark for third-quar ...

Company Performance - Royal Caribbean's stock closed at $211.31, reflecting a +1.84% change, which underperformed compared to the S&P 500's gain of 2.03% on the same day [1] - Over the past month, Royal Caribbean shares have decreased by 5.62%, which is worse than the Consumer Discretionary sector's decline of 4.94% and the S&P 500's drop of 5.07% [1] Upcoming Earnings - The company's earnings report is scheduled for April 29, 2025, with an expected EPS of $2.52, representing a 42.37% increase year-over-year [2] - Revenue is anticipated to reach $4 billion, indicating a 7.39% rise compared to the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $14.84 per share and revenue of $17.96 billion for the year, reflecting increases of +25.76% and +8.93% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the company's business trends [3] Valuation Metrics - Royal Caribbean is currently trading at a Forward P/E ratio of 13.98, which is lower than the industry average of 16.98 [6] - The company has a PEG ratio of 0.71, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.17 [6] Industry Context - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 139, placing it in the bottom 44% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

Wall Street analysts forecast that Royal Caribbean (RCL) will report quarterly earnings of $2.52 per share in its upcoming release, pointing to a year-over-year increase of 42.4%. It is anticipated that revenues will amount to $4 billion, exhibiting an increase of 7.4% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial proj ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Royal Caribbean, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected on April 29, 2025, with a consensus EPS estimate of $2.52, reflecting a +42.4% year-over-year change, and revenues projected at $4 billion, up 7.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.6% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading indicates a likely earnings beat, particularly when combined with a strong Zacks Rank [8][11]. Historical Performance - Royal Caribbean has consistently beaten consensus EPS estimates, achieving a surprise of +8.67% in the last reported quarter and beating estimates in the last four quarters [12][13]. Conclusion - Royal Caribbean is positioned as a strong candidate for an earnings beat, but investors should consider additional factors beyond earnings results when making investment decisions [14][16].

Dublin, April 17, 2025 (GLOBE NEWSWIRE) -- The "Manufacture of Bakery Products Industry in South Africa 2025" report has been added to ResearchAndMarkets.com's offering. This report focuses on the manufacture of bakery products and includes information on wheat production, flour milling, bakery product production and sales, prices, and products including health and vegan products. There is information on notable players and corporate actions, and influencing factors such as economic conditions, input costs ...

Core Insights - The Cormorant at 55 South is positioned as the southernmost hotel on Earth, designed to enhance the guest experience before their journey to Antarctica, emphasizing local culture and natural beauty [1][2][13] - The hotel features thoughtfully designed rooms with expansive windows offering panoramic views of Patagonia, incorporating local artisan craftsmanship to deepen the connection to the region [4][3] Company Overview - Silversea is recognized as a leader in experiential luxury and expedition travel, offering immersive experiences across all seven continents and focusing on personalized service [13][14] - The company has pioneered luxury expedition cruising since 2008, being the first to offer luxury Antarctica expeditions, and continues to enhance its offerings with a strong emphasis on destination leadership [7][13] Unique Offerings - The Cormorant will provide a seamless journey to Antarctica through innovative six-day Fly Cruise expeditions, allowing guests to bypass the Drake Passage while maintaining an enriching experience [6][13] - Silversea's expedition team consists of up to 28 experts, providing guided walks and insightful lectures to enhance the educational aspect of the Antarctic experience [7][8] New Initiatives - Silversea has launched "Stories by Silversea," a content series aimed at authentic storytelling and educational resources, which will include updates on the development of The Cormorant [9][10]

Core Viewpoint - Royal Caribbean Cruises Ltd. (RCL) has experienced a significant decline in share price, losing 12.6% in the past month, which is worse than the industry and S&P 500 declines of 13.2% and 5.5%, respectively, and is currently trading 31% below its 52-week high of $277.08 [1][2]. Price Performance - The cruise industry is facing challenges due to a tariff war and comments from Commerce Secretary Howard Lutnick regarding the industry's reliance on foreign-flagged vessels, raising concerns about U.S. tax avoidance [2]. - Despite the recent pullback, RCL shares have gained 51.2% over the past year, outperforming the industry's decline of 7.2% [6]. Operating Costs - In Q4 2024, RCL's total cruise operating expenses reached $2.05 billion, an increase of 8.6% year over year, with expectations of elevated fuel and food costs [5]. - Total operating expenses are projected to rise by 3.8% year over year to $8.98 billion in 2025 [5]. Valuation - RCL is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 12.37, which is below the industry average, indicating an attractive discount relative to its peers [7]. Booking Trends - The company is experiencing strong booking momentum, with record-setting bookings and robust demand across all products, particularly in North America [10]. - Advance purchase deposits are higher than previous years, allowing for strategic pricing and yield optimization [11]. Fleet Expansion - RCL's growth strategy includes expanding its fleet with innovative ships and unique destination experiences, with plans for a fourth Icon-class ship to join the fleet in 2027 [12][13]. - The company is also investing in private destinations to enhance guest experiences [12]. Earnings Estimates - Analysts have slightly reduced earnings estimates for the current and next years, projecting year-over-year growth rates of 25.7% and 16%, respectively [15]. - The Zacks Consensus Estimate for 2025 and 2026 sales is $17.95 billion and $19.71 billion, suggesting growth rates of 8.9% and 9.8% year over year [16]. Business Momentum - RCL continues to show strong underlying business momentum, supported by record bookings and fleet expansions that enhance long-term profitability [17].

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start April, consider joining Out Fox The Street .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in RCL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am no ...