Royal Caribbean Cruises Ltd. (RCL: Quote) reported that its net income for the third quarter 2014 was $490.2 million or $2.19 per share, up from $365.7 million or $1.65 per share in 2013.

Adjusted net income for the third quarter of 2014 was $492.9 million, or $2.20 per share, compared to Adjusted net income of $377 million, or $1.71 per share, in the third quarter of 2013. On average, 22 analysts polled by Thomson Reuters expected the company to report earnings of $2.19 per share for the quarter. Analysts’ estimates typically exclude special items.

Total revenues for the third-quarter rose to $2.39 billion from $2.31 billion in the previous year. Wall Street analysts had a consensus revenue estimate of $2.40 billion.

Net Yields on a Constant-Currency basis increased 4.2% during the quarter. Onboard and Other Revenue drove the slight upside, particularly in Europe and Alaska, with onboard revenue yields also increasing 4.4% during the quarter.

This is an excerpt from RTT News as it appeared on October 24, 2014. For updates or to read the current version of this post in its entirety, please click here.

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