Royal Caribbean Cruises has trumped Wall Street consensus for the fourth quarter, capping a "particularly stellar" 2018, according to chief executive Richard Fain.

The New York-listed owner posted a $315.7m net profit for the three-month period versus a $288m profit a year earlier.

On an adjusted basis, earnings came in at $322.1m, up from $288m a year ago.

Those results translated into adjusted earnings per share of $1.53,