trending Market Intelligence /marketintelligence/en/news-insights/trending/7MBaQ_76V1sTs_sQ8I9OlA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Royal Caribbean profit misses consensus by 35.8% in Q3

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 3: Transformation of Customer Experience in 2020

Podcast

Episode 2: Origins of 451 Research - Part 2


Royal Caribbean profit misses consensus by 35.8% in Q3

Royal Caribbean Cruises Ltd. said its third-quarter normalized net income amounted to $2.18 per share, compared with the S&P Capital IQ consensus estimate of $3.39 per share.

EPS increased 8.2% year over year from $2.01.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $470.5 million, an increase of 8.3% from $434.5 million in the year-earlier period.

The normalized profit margin rose to 18.3% from 16.9% in the year-earlier period.

Total revenue totaled $2.57 billion, compared with $2.56 billion in the prior-year period, and total operating expenses came to $1.83 billion, compared with $1.83 billion in the year-earlier period.

Reported net income rose 8.8% from the prior-year period to $753.2 million, or $3.49 per share, from $692.3 million, or $3.21 per share.