Royal Caribbean Cruises reported third-quarter earnings that exceeded expectations on the bottom line but fell short on revenue, causing shares to drop by 7.53%. The company’s net income increased by 44% year over year to $1.6 billion, with operating income growing by 4.2% to $1.70 billion. Despite a load factor of 112% and a rise in net yields by 2.8%, revenue missed expectations due to adverse weather and the temporary closure of a popular destination in Haiti. Management remains confident in future earnings and announced plans for new expansions, with full-year 2025 guidance showing strong growth projections.

Read more at Yahoo Finance: Royal Caribbean Cruises (RCL) Down 7% After Earnings