Royal Caribbean Cruises' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Royal Caribbean Cruises (RCL)

Q1 2012 Earnings Call

April 20, 2012 10:00 am ET


Brian J. Rice - Chief Financial Officer and Executive Vice President

Richard D. Fain - Chairman and Chief Executive Officer

Adam M. Goldstein - Chief Executive of Royal Caribbean International and President of Royal Caribbean International

Daniel J. Hanrahan - Chief Executive of Celebrity Cruises and President of Celebrity Cruises

Unknown Executive -


Assia Georgieva

Felicia R. Hendrix - Barclays Capital, Research Division

Timothy A. Conder - Wells Fargo Securities, LLC, Research Division

Sharon Zackfia - William Blair & Company L.L.C., Research Division

Harry C. Curtis - Nomura Securities Co. Ltd., Research Division

Steven E. Kent - Goldman Sachs Group Inc., Research Division

James Hardiman - Longbow Research LLC

Gregory R. Badishkanian - Citigroup Inc, Research Division

Robin M. Farley - UBS Investment Bank, Research Division

Jaime M. Katz - Morningstar Inc., Research Division

Kevin Milota - JP Morgan Chase & Co, Research Division

Joseph D. Hovorka - Raymond James & Associates, Inc., Research Division



Good morning. My name is Keihlo, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Royal Caribbean Cruises Ltd. First Quarter Earnings Call. [Operator Instructions] I will now turn the conference over to Brian Rice.

Brian J. Rice

Thank you, Keihlo, and good morning, everyone. I'd like to thank each of you for joining us today for our first quarter earnings call. Joining us from London is Richard Fain, our Chairman and Chief Executive Officer; and here in Miami with me are Adam Goldstein, President and CEO of Royal Caribbean International; Dan Hanrahan, President and CEO of Celebrity Cruises; and Ian Bailey, our Vice President of Investor Relations.

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