Royal Caribbean Group reports on 2020 results and provides business update

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UBS Says Royal Caribbean Cruises (RCL) Has 15-17 Months of Liquidity Remaining, Maintains Buy and $79 PT

February 22, 2021 2:46 PM EST

UBS analyst Robin Farley reiterated a Buy rating and $79.00 price target on Royal Caribbean Cruises (NYSE: RCL).

The analyst comments "RCL reported a slight increase in new money bookings in Q3 of $14M but that reversed in Q4 with a $35M... More

Royal Caribbean Group (RCL) Tops Q4 EPS by 18c

February 22, 2021 8:13 AM EST

Royal Caribbean Group (NYSE: RCL) reported Q4 EPS of ($5.02), $0.18 better than the analyst estimate of ($5.20). Revenue for the quarter came in at $34.14 million versus the consensus estimate of $35.61 million.

Update on Bookings

Booking activity for the second half of 2021 is aligned with the Company's anticipated resumption of cruising. Pricing on these bookings is higher than 2019 both including and excluding the dilutive impact of... More