By Nicholas G. Miller
Royal Caribbean reported higher third-quarter profit and raised its full-year adjusted earnings guidance, but said that its fourth quarter was being hurt by adverse weather and the continued closure of one of its destinations.
The cruise company posted net income of $1.56 billion, or $5.74 a share, up from $1.11 billion, or $4.21 a share, the year prior.
Adjusted earnings were $5.75 a share, beating analysts' expectation of $5.69, according to FactSet.
Sales rose to $5.14 billion from $4.89 billion. Wall Street expected $5.17 billion.
The company said its fourth-quarter is being impacted by recent adverse weather and the unplanned extension of the temporary closure at one of its destinations in Labadee, Haiti.
It guided for full-year adjusted earnings of $15.58 to $16.63, up from its previous forecast of $15.41 to $15.55 a share. That is below Wall Street's expectation of $15.70.
Shares fell 7.3% to $296.87 in premarket trading.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
Royal Caribbean posted third-quarter net income of $1.58 billion and guided for full-year adjusted earnings of $15.58 to $15.63 a share. "Royal Caribbean Posts Higher 3Q Profit, Says Weather, Destination Closure Hurting 4Q," at 7:02 a.m. ET, incorrectly said net income was $1.56 billion and full-year adjusted earnings per share were seen at $15.58 to $16.63.
(END) Dow Jones Newswires
October 28, 2025 13:20 ET (17:20 GMT)
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