RCL - Cruise Operator Royal Caribbean Registers Beat-And-Raise Quarter - What's Onboard? | Benzinga
Royal Caribbean Cruises Ltd (NYSE: RCL) reported third-quarter FY23 sales growth of 39% year-on-year to $4.16 billion, beating the analyst consensus estimate of $4.076 billion.
Passenger ticket revenues rose 45.5% Y/Y to $2.94 billion versus last year.
Total cruise operating expenses were $2.13 billion versus $1.97 billion a year ago.
Gross margin yields increased 19.1% as-reported, and net yields increased 16.7% in constant currency versus Q3 2019.
Operating ...