Royal Caribbean Group

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Other Pre-Announcement

Royal Caribbean Group Provides Business Update And Reports On First Quarter 2021

Published: 04/29/2021 12:31 GMT
Royal Caribbean Group (RCL) - Royal Caribbean Group Provides Business Update and Reports on First Quarter 2021.
Royal Caribbean Group - Average Monthly Cash Burn Rate for Q1 of 2021 Was Approximately $300 Million.
Royal Caribbean Group - US GAAP Net Loss for Q1 of 2021 of $1.1 Billion Or $4.66 per Share.
Royal Caribbean Group - Reported Adjusted Net Loss of $1.1 Billion Or $4.44 per Share for Q1 of 2021.
Royal Caribbean Group- Qtrly Total Revenue $42 Million Versus $2.03 Billion Reported Last Year.
Royal Caribbean Group - Expects to Incur a Net Loss on Both a US GAAP and Adjusted Basis for Its Q2 and 2021 Fiscal Year.
Royal Caribbean CEO Says Had Very Constructive Dialogues With Cdc in Recent Weeks About Resuming Cruising in U.S. in a Safe and Healthy Manner.
Royal Caribbean Group - Monthly Average Cash Burn Rate for Ships That Are in Lay-up Status is Expected to Remain Consistent With Previous Expectations.
Royal Caribbean - Expects to Incur Incremental Spend Related to Bringing Ships Back to Operating Status, Returning Crew Members , Among Others.
Royal Caribbean Group - As of March 31, 2021, Company Had Liquidity of Approximately $5.8 Billion.
Royal Caribbean CEO Says Last Night, Cdc Notified Co of Some Clarifications of Conditional Sail Order Which Addressed Uncertainties Co Had Raised.
Royal Caribbean CEO Says Now See a Pathway to a Healthy and Achievable Return to Service, Hopefully in Time for an Alaskan Season.