Royal Caribbean Boosts Guidance on Resilient Europe Demand - Bloomberg.com

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Royal Caribbean Group reported Q3 figures above expectations. Profit surpassed estimates by $0.19. However, revenue fell short estimates. The company adjusted its financial outlook and diverted three ships to Canada in two weeks, increasing demand in the region. Stock prices rose on the good news amid concerns about fuel costs. The company's resilient performance in Europe also contributed to the optimistic outlook.

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