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Royal Caribbean Group projected annual profit above Wall Street expectations on Thursday, on strong demand for cruise vacations and steeper itinerary prices.
The company forecast 2024 adjusted profit between $9.50 and $9.70 per share, compared with analysts' average estimate of $9.19 per share, according to LSEG data.
(Reporting by Granth Vanaik in Bengaluru; Editing by Milla Nissi and Shinjini Ganguli)