|Day's Range||4.7000 - 5.3200|
Royal Caribbean (RCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SYDNEY, Oct. 15, 2019 /PRNewswire/ -- Vanuatu, one of the natural gems of the South Pacific, will be the new home of Royal Caribbean's newest private island destination – Perfect Day at Lelepa, Vanuatu. The announcement of the new project was made by Vanuatu's Prime Minister, Charlot Salwai, and Royal Caribbean International President and CEO Michael Bayley.
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Today we'll take a closer look at Royal Caribbean Cruises Ltd. (NYSE:RCL) from a dividend investor's perspective...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Royal Caribbean Cruises Ltd. New York, September 30, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Royal Caribbean Cruises Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Engaged Tour Operators Help Cruise Company Offer Guests Sustainable Choices MIAMI , Sept. 25, 2019 /PRNewswire/ -- Heading into World Tourism Day later this week, Royal Caribbean Cruises Ltd. today announced ...
MIAMI, Sept. 24, 2019 /PRNewswire/ -- From coast to coast and bow to stern, Royal Caribbean International's Explorer of the Seas will sail the Eastern Mediterranean in style come summer 2020. The cruise line has released details of the ship's upcoming $110 million amplification that will debut a mix of unparalleled feats and Royal Caribbean hits.
It's easy to forget when looking at charts that what often drives extraordinary stock performance is something basic and hard to see on the charts: Innovation.
MIAMI, Sept. 20, 2019 /PRNewswire/ -- Evoking wonder and intrigue, while breaking category conventions, Celebrity Cruises offers a first-look at their new brand campaign from new agency Lucky Generals. The television spot – produced by Iconoclast and set to the iconic Jefferson Airplane song "White Rabbit" – follows a female protagonist on a voyage of discovery through a dream-like wonderland of world-class cuisine, cocktails, Eden-istic experiences and alluring accommodations, all on the brand's newest ship, Celebrity Edge. "'Wonder Awaits' is about bringing the experience of cruising with Celebrity to life in a dramatic, beautiful way," said Peter Giorgi, Chief Marketing Officer, Celebrity Cruises.
Most of the cruise operators are bearing the brunt of high expenses for quite some time. Increase in oil prices will further elevate their expenses.
Shares of cruise ship operators slumped in midday trading Monday, amid concerns that the spike in crude oil prices could act as a drag on earnings. Carnival Corp.'s stock fell 2.6%, Royal Caribbean Cruises Ltd. shares lost 1.3% and Norwegian Cruise Line Holdings Ltd. shares dropped 2.2%, all underperforming the S&P 500's 0.5% decline. Crude oil futures shot up 11.5% after the weekend attack on Saudi Aramco's Abqaig oil processing plant. Instinet analyst Harry Curtis said the impact on earnings for cruise operators depends on how long it takes to get full production at the oil processing plant up and running. He estimates a sustained 10% jump in oil prices could cut annual earnings for Carnival by 24 cents a share, Royal Caribbean by 17 cents a share and Norwegian by 9 cents a share. "If the production gap is filled within days rather than weeks or months, then we believe close-in weakness in the stocks...should be viewed as a buying opportunity, much like the temporary impact of hurricanes," Curtis wrote in a note to clients.
The attacks are a short-term headwind for U.S. cruise-ship operators, but the impact could be more severe if disruption lasts weeks or months, says Nomura Instinet. The major cruise operators—Carnival, Royal Caribbean Cruises, and Norwegian Cruise Line Holdings—were swimming in red on Monday morning.
MIAMI, Sept. 13, 2019 /PRNewswire/ -- Royal Caribbean International will dial up the adventure in South Florida in fall 2020 with the debut of the highly anticipated Odyssey of the Seas – the first Quantum Ultra Class ship to arrive in North America. The global cruise line's 27th ship will arrive to her seasonal homeport of Fort Lauderdale, FL in November 2020 to offer 8- and 6-night Caribbean cruises. Odyssey will then continue her inaugural year in Europe for summer 2021.
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...