Royal Caribbean Cruises Ltd. (RCL) Q3 2022 Earnings Call Transcript

Royal Caribbean Cruises Ltd. (NYSE:RCL) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET

Corporate Participants

Michael McCarthy - Vice President-Investor Relations
Jason Liberty - Chief Executive Officer
Naftali Holtz - Chief Financial Officer
Michael Bayley - President and CEO of Royal Caribbean International

Conference Call Participants

Steve Wieczynski - Stifel
Robin Farley - UBS
Vince Ciepiel - Cleveland Research Company
Brandt Montour - Barclays
Benjamin Chaiken - Credit Suisse
Daniel Politzer - Wells Fargo
Frederick Wightman - Wolfe Research
Jaime Katz - Morningstar
Paul Golding - Macquarie Capital

Operator

Good morning and welcome to the Royal Caribbean Group Third Quarter 2022 Earnings Conference Call. [Operator Instructions]

I would now like to turn the conference over to Michael McCarthy, Vice President, Investor Relations.

Michael McCarthy

Good morning, everyone, and thank you for joining us today for our third quarter 2022 business update conference call. Joining me here in Miami are Jason Liberty, our Chief Executive Officer; Naftali Holtz, our Chief Financial Officer; and Michael Bayley, President and CEO of Royal Caribbean International.

Before we get started, I'd like to note that we will be making forward-looking statements during this call. These statements are based on management's current expectations and are subject to risks and uncertainties. A number of factors could cause actual results to differ materially from our current expectations. Please refer to our earnings release issued this morning as well as our filings with the SEC for a description of these factors. We do not undertake to update any forward-looking statements as circumstances change.

Also, we will be discussing certain non-GAAP financial measures, which are adjusted as defined, and a reconciliation of all non-GAAP items can be found on our website and on our earnings release available at www.rclinvestor.com.

Jason will begin the call by providing a