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

Royal Caribbean Group's Third Quarter Results Surpass Expectations

Royal Caribbean Group announced Q3 figures above expectations. Earnings beat the expected amount by a margin of $0.19. Nevertheless, sales did not meet estimates. The company raised its financial outlook and reassigned three vessels to Canada in two weeks, boosting interest in the region. Stock prices rose on the good news amid concerns about fuel costs. The company's resilient performance in Europe also contributed to the positive guidance.

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