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Royal Caribbean Cruises (RCL) stock is gaining by over 12% in Tuesday's trading session after the cruiseline operator reported fourth quarter earnings results: revenue was in line with estimates ($3.76 billion) while seeing adjusted earnings of $1.63 per share. The company also raised its 2025 profit guidance.
To talk more about the company's earnings and its new river cruise trip offerings, Royal Caribbean Cruises CFO Naftali Holtz sits down with Julie Hyman and Josh Lipton on Market Domination.
"We're continuing to see the demand for our vacations. Consumers are telling us that they are prioritizing travel and vacation as the number one priority in their life," Holtz tells Yahoo Finance, naming cruises a "very attractive value proposition" for consumers.
"You can see that in the bookings, you can see that in our outlook for the year. And our proven formula of adding ships every year, matterly growing our revenue yield and having strong cost control delivers very strong results."
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This post was written by Luke Carberry Mogan.