Royal Caribbean (RCL) Misses Q2 EPS by 66c

Royal Caribbean (NYSE: RCL) reported Q2 EPS of ($5.06), $0.66 worse than the analyst estimate of ($4.40). Revenue for the quarter came in at $50.9 million versus the consensus estimate of $147.37 million.

2021 Outlook:

The Company's operations remain heavily impacted by the consequences of the COVID-19 pandemic. Therefore, the Company cannot reasonably estimate its financial or operational results. However, the Company expects to incur a net loss on both a U.S. GAAP and adjusted basis for its third quarter and the 2021 fiscal year, the degree to which will depend on many factors including the timing and extent of the return to service.

For earnings history and earnings-related data on Royal Caribbean (RCL) click here.

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