Doesn't Seem Like Red Sea Impacting RCL Forecasted Profit

[mrlevin]

I just saw this news item from yesterday:

 

(Reuters) -  Royal Caribbean Group on Wednesday raised its annual profit forecast as the company benefits from strong cruise demand during the key 'wave season' and robust on-board spending.

The company's shares rose 6% in extended trade after it also said that all four quarters and key products were booked ahead of the year-ago timeline for 2024.

"Bookings have been significantly higher than during the same period last year, with the back half of the year up by more than the front half," the company said.

The wave season is a crucial period between January and March when cruise operators offer special deals and discounts for the year.

Royal Caribbean now expects 2024 adjusted earnings per share to be between $9.90 and $10.10, compared with $9.50 to $9.70per share the company forecast on Feb. 1.

Analysts on average were expecting a full-year profit per share of $9.77, as per LSEG data.

[Elizabethbea]

 I am not surprised--they have a neat way of borrowing money for nothing--They cancelled a 36 day cruise I had in May 2025, booked April 2023, ( because they got a better offer and cvhartered it ) --cancelled months ago--and I am STILL waiting for my money back. Not impressed.Not the way to treat long standing 4 cruise a year guests.