Royal Caribbean Cruises reported a rise in first-quarter profit that topped even the most optimistic analyst estimate.
The New York-listed cruiseship owner reported $99.1m in net income during the period, more than doubling the $45.2m earned in the first quarter of last year.
The result translated into adjusted earnings per share (EPS) of $0.57, higher than the estimates of all 17 analysts, who placed an average bet calling for $0.31
