Royal Caribbean Group (NYSE: RCL) reported Q3 EPS of ($5.62), $0.42 worse than the analyst estimate of ($5.20).

2020 Outlook

The Company's operation is still subject to the impact of COVID-19. Consequently, the Company cannot estimate its near or longer-term financial or operational results with reasonable certainty. Notwithstanding the foregoing, the Company expects to incur a net loss on both a US GAAP and adjusted basis for its fourth quarter and the 2020 fiscal year, the extent of which will depend on the timing and extent of the return to service.

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