Royal Caribbean Group

NYSE:RCL   1:01:18 PM EDT
39.55
-2.26 (-5.40%)
Earnings Announcements

Royal Caribbean Reports Q2 Loss Of $2.05 Per Share

Published: 07/28/2022 12:27 GMT
Royal Caribbean Group (RCL) - Royal Caribbean Group Reports Second Quarter 2022 Results, Highlighted by the Return of Its Full Fleet Back to Service and Positive Operating Cash Flow.
Royal Caribbean Group - Qtrly Loss per Share of $2.05.
Royal Caribbean Group - Continue to See a Robust and Accelerating Demand Environment for Cruising and On-board Spend.
Royal Caribbean Group - Load Factors in Q2 Were 82% Overall, With June Sailings Reaching Almost 90%.
Royal Caribbean Group - Expects Load Factors Will Average About 95% in Q3 and Increase to Triple Digits by Year-end.
Royal Caribbean Group - Second Half of 2022 is Booked Below Historical Ranges But at Higher Prices Than 2019.
Royal Caribbean Group - Load Factors in Q2 Were 82% Overall, With June Sailings Reaching Almost 90%.
Royal Caribbean Group - for 2023, All Quarters Are Currently Booked Within Historical Ranges at Record Pricing.
Royal Caribbean Group - Qtrly Adjusted Net Loss of $2.08 per Share.
Royal Caribbean - Expects to Generate About $2.9 Billion - $3.0 Billion in Total Revenue, Adjusted EBITDA of $700 Million - $750 Million & Adjusted EPS of $0.05 - $0.25 in Q3.
Royal Caribbean Group - Expects to Operate Approximately 11.6 Million Apcds for Q3 and 11.5 Million Apcds for Q4.
Royal Caribbean Group - Q3 Load Factors Are Expected to Average Approximately 95%, With Itineraries in North America Averaging About 100%.
Revenue is expected to be $2.96 Billion
Adjusted EPS is expected to be $0.27

Next Quarter Revenue Guidance is expected to be $2.7 Billion
Next Quarter EPS Guidance is expected to be -$0.59

More details on our Analysts Page.