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Royal Caribbean Cruises Ltd (RCL) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Royal Caribbean Cruises Ltd

CIK: 884887 Ticker: RCL
Exhibit 99.1
News From
Royal Caribbean Cruises Ltd.
Corporate Communications Office
1050 Caribbean Way, Miami, Florida 33132-2096

Contact: Carola Mengolini
(305) 982-2625
For Immediate Release

ROYAL CARIBBEAN ACHIEVES DOUBLE-DOUBLE, REPORTS 2017
RESULTS, AND PROVIDES FORWARD GUIDANCE

MIAMI January 24, 2018 – Royal Caribbean Cruises Ltd. (NYSE: RCL) today reported 2017 US GAAP and adjusted earnings of $7.53 per share — beating the
Double-Double EPS target and the mid-point of previous guidance by $0.75 and $0.16, respectively.  In addition, the company announced that 2018 adjusted earnings are expected to be in the range of $8.55 to $8.75 per share.

KEY HIGHLIGHTS

Full Year 2017:
Ø
US GAAP and Adjusted Net Income were $1.63 billion or $7.53 per share.  Last year, US GAAP Net Income was $1.28 billion, or $5.93 per share, and Adjusted Net Income was $1.31 billion, or $6.08 per share.
Ø
Gross Yields were up 5.7% on a Constant-Currency basis (up 5.9% As-Reported).  Net Yields were up 6.4% on a Constant-Currency basis (up 6.5% As-Reported).
Ø
Gross Cruise Costs per APCD increased 1.9% on a Constant-Currency and As-Reported basis.  Net Cruise Costs ("NCC") excluding Fuel per APCD were up 2.0% on a Constant-Currency and As-Reported basis.
Full Year 2018 Outlook:
Ø
Adjusted earnings are expected to be in the range of $8.55 to $8.75 per share.
Ø
Net Yields are expected to increase 1.5% to 3.5% on a Constant-Currency basis (up 2.75% to 4.75% As-Reported).
Ø
NCC excluding Fuel per APCD are expected to be up 1.5% to 2.0% on a Constant-Currency basis (up 2.0% to 2.5% As-Reported).

The following information was filed by Royal Caribbean Cruises Ltd (RCL) on Wednesday, January 24, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Definitive Proxy Statement (Form DEF 14A)
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Royal Caribbean Cruises Ltd's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Inside Royal Caribbean Cruises Ltd's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (loss)
Consolidated Statements Of Shareholders' Equity
Changes In Accumulated Other Comprehensive Income (loss)
Changes In Accumulated Other Comprehensive Income (loss) (changes By Component)(details)
Changes In Accumulated Other Comprehensive Income (loss) (reclassifications) (details)
Changes In Accumulated Other Comprehensive Income (loss) (tables)
Commitments And Contingencies
Commitments And Contingencies (details)
Commitments And Contingencies (future Payments) (details)
Commitments And Contingencies (tables)
Earnings Per Share
Earnings Per Share (antidilutive Shares) (details)
Earnings Per Share (details)
Earnings Per Share (tables)
Fair Value Measurements And Derivative Instruments
Fair Value Measurements And Derivative Instruments (balance Sheet) (details)
Fair Value Measurements And Derivative Instruments (cash Flows From Derivative Instruments) (details)
Fair Value Measurements And Derivative Instruments (credit Features) (details)
Fair Value Measurements And Derivative Instruments (derivative Instruments) (details)
Fair Value Measurements And Derivative Instruments (derivatives Not Designated As Hedging Instruments) (details)
Fair Value Measurements And Derivative Instruments (designated Cash Flow Hedges) (details)
Fair Value Measurements And Derivative Instruments (details)
Fair Value Measurements And Derivative Instruments (fuel Price Risk) (details)
Fair Value Measurements And Derivative Instruments (income Statement Hedging Instruments) (details)
Fair Value Measurements And Derivative Instruments (interest Rate Risk) (details)
Fair Value Measurements And Derivative Instruments (non-derivative Instruments) (details)
Fair Value Measurements And Derivative Instruments (non-derivative Net Investment) (details)
Fair Value Measurements And Derivative Instruments (offsetting Of Derivative Instruments) (details)
Fair Value Measurements And Derivative Instruments (recurring) (details)
Fair Value Measurements And Derivative Instruments (tables)
General
General (details)
Goodwill
Goodwill (details)
Goodwill (tables)
Goodwill Narrative (details)
Income Taxes
Income Taxes (details)
Intangible Assets
Intangible Assets (details)
Long-term Debt
Long-term Debt (debt Maturities) (details)
Long-term Debt (details)
Long-term Debt (long-term Debt Phantom) (details)
Long-term Debt (narrative) (details)
Long-term Debt (tables)
Other Assets
Other Assets (details)
Other Assets - Equity Method Investee (details)
Other Assets - Notes Receivable Due From Equity Investments (details)
Other Assets - Related Party Transactions (details)
Other Assets - Share Of Equity Income From Investments (details)
Other Assets Other Assets (table)
Property And Equipment
Property And Equipment (details)
Property And Equipment (narrative) (details)
Property And Equipment (tables)
Quarterly Selected Financial Data (unaudited)
Quarterly Selected Financial Data (unaudited) (details)
Quarterly Selected Financial Data (unaudited) (tables)
Retirement Plan
Retirement Plan (details)
Shareholders' Equity
Shareholders' Equity (details)
Stock-based Employee Compensation
Stock-based Employee Compensation (details)
Stock-based Employee Compensation (expense Recognized) (details)
Stock-based Employee Compensation (options Activity) (details)
Stock-based Employee Compensation (other Equity) (details)
Stock-based Employee Compensation (tables)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (details)
Summary Of Significant Accounting Policies (passenger Ticket Revenues) (details)
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies (useful Lives Of Property And Equipment) (details)
Ticker: RCL
CIK: 884887
Form Type: 10-K Annual Report
Accession Number: 0000884887-18-000017
Submitted to the SEC: Tue Feb 20 2018 7:14:46 PM EST
Accepted by the SEC: Wed Feb 21 2018
Period: Sunday, December 31, 2017
Industry: Water Transportation

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