Royal Caribbean Cruises reported its fourth-quarter earnings for 2024, revealing an adjusted earnings per share (EPS) of $1.63, surpassing analyst estimates of $1.50. The company generated revenue of $3.76 billion, slightly missing expectations of $3.77 billion. For the first quarter of 2025, Royal Caribbean forecasts an adjusted EPS between $2.43 and $2.53, exceeding the estimate of $2.34. Additionally, the company anticipates a full-year adjusted EPS for 2025 of $14.35 to $14.65, which is above the expected $14.32. The cruise line's stock rose approximately 5% in pre-market trading following the earnings announcement, reflecting strong demand and record bookings. Royal Caribbean's net income for the fourth quarter was reported at $0.6 billion, or $2.02 per share, compared to $0.3 billion, or $1.06 per share, for the same period last year. The company also highlighted that its occupancy rate reached its highest level since before the pandemic, indicating a robust recovery in the cruise industry.