2024-04-25 13:36:10 ET
Royal Caribbean Cruises Ltd. (RCL)
Q1 2024 Earnings Conference Call
April 25, 2024 10:00 am ET
Corporate Participants
Michael McCarthy - Vice President of Investor Relations
Jason Liberty - President and Chief Executive Officer
Naftali Holtz - Chief Financial Officer
Michael Bailey - President and CEO of Royal Caribbean International
Conference Call Participants
Steven Wieczynski - Stifel
Ben Chaiken - Mizuho
Matthew Boss - JPMorgan
Sharon Zackfia - William Blair
Brandt Montour - Barclays
Robin Farley - UBS
Vince Ciepiel - Cleveland Research
Presentation
Operator
Good morning, my name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Royal Caribbean Group First Quarter 2024 Earnings Call. All participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to introduce Michael McCarthy, Vice President of Investor Relations. Mr. McCarthy, the floor is yours.
Michael McCarthy
Good morning, everyone, and thank you for joining us today for our first quarter 2024 earnings call. Joining me here in Miami are Jason Liberty, our Chief Executive Officer, Naftali Holtz, our Chief Financial Officer, and Michael Bailey, President and CEO of Royal Caribbean International.
Before we get started, I would like to note that we will be making forward-looking statements during this call. These statements are based on management's current expectations and are subject to risks and uncertainties. A number of factors could cause actual results to differ materially from our current expectations. Please refer to our earnings release issued this morning, as well as our filings with the SEC for a description of these factors.
We do not undertake to update any forward-looking statements as circumstances change. Also, we will be discussing certain non-GAAP financial measures, which are adjusted as defined in a reconciliation of all non-GAAP items can be found on our Investor Relations website and in our earnings release. Unless we state otherwise, all metrics are on a constant currency adjusted basis.
Jason will begin the call by providing a strategic overview and update on the business. Naftali will follow with a recap of our first quarter, the current booking environment, and our updated outlook for 2024. We will then open the call for your questions....
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Royal Caribbean Cruises Ltd. (RCL) Q1 2024 Earnings Call Transcript