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Royal Caribbean beats revenue estimates on pent-up demand

Royal Caribbean beats revenue estimates on pent-up demand

Reuters · 07/28/2022 08:05
Royal Caribbean beats revenue estimates on pent-up demand

- Royal Caribbean Group RCL on Thursday beat Wall Street estimates for quarterly revenue, boosted by demand for leisure travel.

The cruise operator's revenue rose to $2.18 billion for the second quarter from $50.9 million a year earlier. Analysts, on average, had expected $2.11 billion, according to IBES data from Refinitiv.


(Reporting by Praveen Paramasivam in Bengaluru; Editing by Shounak Dasgupta)

((Praveen.Paramasivam@thomsonreuters.com; https://twitter.com/PraveenR_P ; +91 867-525-3569))