MIAMI (AP) _ Royal Caribbean Cruises Ltd. (RCL) on Thursday reported third-quarter profit of $33 million.
On a per-share basis, the Miami-based company said it had net income of 13 cents. Earnings, adjusted to extinguish debt and for asset impairment costs, came to 26 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The cruise operator posted revenue of $2.99 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RCL at https://www.zacks.com/ap/RCL
