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

Royal Caribbean Reports Strong Third Quarter Performance

Royal Caribbean Group reported Q3 figures that exceeded forecasts. Profit surpassed the expected amount by a margin of $0.19. Nevertheless, revenue fell short projections. The company adjusted its financial outlook and reassigned three ships to Canada in two weeks, boosting demand in the region. Stock prices rose on the good news amid concerns about fuel costs. The company's resilient performance in Europe also helped to the optimistic outlook.

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