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Fly News Breaks for September 4, 2019
RCL, NCLH, CCL
Sep 4, 2019 | 07:16 EDT
This month's cruise lines pricing data was mixed, with Carnival (CCL) and Norwegian Cruise Line (NCLH) forward ticket prices decelerating by roughly 100 basis points each, while Royal Caribbean (RCL) prices re-accelerated to a "solid" up 6.8%, JPMorgan analyst Brandt Montour tells investors in a research note. In the Caribbean, Carnival appears to be seeing continued price erosion, mostly at its premium brands, while the Carnival brand held up well, adds the analyst. For Royal, he believes prices appear to be decelerating the most of the three in the Caribbean, largely driven by tougher comparisons.
News For CCL;NCLH;RCL From the Last 2 Days
CCL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
CCL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
CCL
Mar 27, 2024 | 09:19 EDT
The company stated, "Francis Scott Key Bridge in Baltimore: Given the timing of yesterday's event in Baltimore and the temporary change in homeport, our guidance does not include the current estimated impact of up to $10 million on both adjusted EBITDA and adjusted net income for the full year 2024."
CCL
Mar 27, 2024 | 09:15 EDT
Reports Q1 revenue $5.4B, consensus $5.43B. "This has been a fantastic start to the year. We delivered another strong quarter that outperformed guidance on every measure, while concluding a monumental wave season that achieved all-time high booking volumes at considerably higher prices," commented Carnival Corporation & plc's Chief Executive Officer Josh Weinstein. "These results are a continuation of the strong demand we have been generating across our brands and all core deployments, leading to an upward revision of full year expectations by more than a point of incremental yield improvement and setting us up nicely to deliver a nearly double-digit improvement in net yields," Weinstein added. "With much of this year on the books, we have even greater conviction in delivering record revenues and EBITDA, along with a step change improvement in operating performance, and have begun turning more of our attention to delivering an even stronger 2025," Weinstein noted.