Royal Caribbean Boosts Guidance on Resilient Europe Demand - Bloomberg.com

Third Quarter Success for Royal Caribbean Group

Royal Caribbean Group reported Q3 figures above expectations. Earnings beat estimates by $0.19. Nevertheless, revenue fell short estimates. The company adjusted its financial outlook and reassigned three vessels to Canada in two weeks, boosting demand in the region. Stock prices jumped on the good news amid cruise fuel fears. The company's resilient performance in Europe also contributed to the optimistic outlook.

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