Royal Caribbean Cruises (RCL) Tops Q4 EPS by 2c

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Royal Caribbean Reports Second Year Of 40%+ Increase In Adjusted Earnings And Anticipates $6 EPS In 2016

February 2, 2016 8:17 AM EST

MIAMI, Feb. 2, 2016 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today reported 2015 results and provided guidance for 2016.  Continuing on its Double-Double trajectory, the company's adjusted earnings for 2015 were $4.83 per share - up 42% over 2014, and are expected to further increase to  $5.90 - $6.10 in 2016.

KEY HIGHLIGHTS

Full Year 2015:

Net Yields were up 3.5% on a Constant-Currency basis (down 1.0% As-Reported). Net Cruise Costs ("NCC") excluding fuel were down 0.6% on a Constant-Currency basis (down 3.2% As-Reported). Adjusted Net Income was better than guidance at $1.07 billion, or $4.83... More