Q3: 2025-10-28 Earnings Abstract
EPS of $5.75 beats by $0.07
| Income of $5.14B (5.18% Y/Y) misses by $29.34M
Royal Caribbean Cruises Ltd. (NYSE:RCL) Q3 2025 Earnings Name October 28, 2025 10:00 AM EDT
Firm Contributors
Blake Vanier – Vice President of Investor Relations
Jason Liberty – President, CEO & Chairman of the Board
Naftali Holtz – Chief Monetary Officer
Michael Bayley – President & CEO of Royal Caribbean Worldwide
Convention Name Contributors
Steven Wieczynski – Stifel, Nicolaus & Firm, Included, Analysis Division
Robin Farley – UBS Funding Financial institution, Analysis Division
Matthew Boss – JPMorgan Chase & Co, Analysis Division
Elizabeth Dove – Goldman Sachs Group, Inc., Analysis Division
Brandt Montour – Barclays Financial institution PLC, Analysis Division
James Hardiman – Citigroup Inc., Analysis Division
Benjamin Chaiken
Conor Cunningham – Melius Analysis LLC
Sharon Zackfia – William Blair & Firm L.L.C., Analysis Division
Vince Ciepiel – Cleveland Analysis Firm LLC
Andrew Didora – BofA Securities, Analysis Division
Presentation
Operator
Good morning. My identify is Regina, and I shall be your convention operator right this moment. At the moment, I want to welcome everybody to the Royal Caribbean Group Third Quarter 2025 Earnings Name. [Operator Instructions] I’d now prefer to introduce Blake Vanier, Vice President of Investor Relations. Mr. Vanier, the ground is yours.
Blake Vanier
Vice President of Investor Relations
Good morning, everybody, and thanks for becoming a member of us right this moment for our third quarter 2025 earnings name. Becoming a member of me right here in Miami Jason Liberty, our President and Chief Govt Officer; Naftali Holtz, our Chief Monetary Officer; and Michael Bayley, President and CEO of the Royal Caribbean model.
Earlier than we get began, I want to word that we are going to be making forward-looking statements throughout this name. These statements are based mostly on administration’s present expectations and are topic to dangers and uncertainties. Numerous elements might trigger precise outcomes to vary materially from our present expectations. Please check with our earnings launch issued this morning in addition to our filings with the SEC for a