Royal Caribbean Group reported full year 2024 Adjusted EPS of $11.80, exceeding its guidance, driven by stronger close-in demand and continued strength in onboard revenue. Net Income for Q4 2024 was $0.6 billion, or $2.02 per share, compared to $0.3 billion, or $1.06 per share, in Q4 2023.
Total revenues for Q4 2024 reached $3.8 billion, with Net Yields increasing 7.3% in constant currency compared to Q4 2023, and a load factor of 108%. The company's bookings have accelerated, resulting in the best five booking weeks in its history.
For full year 2025, Adjusted EPS is expected to be in the range of $14.35 to $14.65, representing approximately 23% growth compared to 2024. The company also announced the launch of Celebrity River Cruises, a new premium river cruise vacation brand with an initial order for 10 ships, planning to sail in 2027, diversifying its vacation offerings.
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