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Is Now A Good Time To Buy Cruise Stocks? The Latest Data Out Of China Certainly Makes The Case
Monday, May 15, 2017 - 1:23pm | 415Is now the time for cruise investors to buy shares of cruise companies? The latest data out of China, the world's fastest growing cruise market, certainly makes the case for such a move. According to a Bloomberg report, around 2 million consumers in China cruised in 2016. While this represents an...
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Bernstein On Cruise Lines: Taking Stock Of Oil Risk
Tuesday, December 6, 2016 - 11:12am | 353Contrary to recent concerns, Cruise lines appear well-positioned to withstand a moderate increase in oil prices in the near term, and the greater risk seems to be increased share price volatility caused by “oil-related headlines or a sustained increase in oil prices in the absence of a...
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Royal Caribbean CEO: 'We Are Feeling Really Good'
Friday, April 29, 2016 - 2:36pm | 244Royal Caribbean Cruises Ltd (NYSE: RCL) reported its first quarter results on Friday in which the company's numbers exceeded Wall Street's expectations. Speaking to CNBC, Royal Caribbean's CEO Richard Fain said "we are feeling really good" about the company's quarterly...
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Royal Caribbean Cruises' Stock Crashed On Tuesday Due To Poor Guidance
Tuesday, February 2, 2016 - 3:23pm | 259Shares of Royal Caribbean Cruises Ltd (NYSE: RCL) were trading lower by more than 16 percent mid-Tuesday afternoon, as investors were not pleased with the company's fourth-quarter results and outlook. Royal Caribbean said that it earned $0.94 per share in the fourth quarter on revenue of $1.902...
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Barclays Offers 'Survey Of The Seas,' Lifts Targets On Cruise Lines
Friday, September 18, 2015 - 1:54pm | 552Felicia Hendrix of Barclays detailed the findings from a proprietary "Survey of the Seas" survey. Travel agents said that cruise pricing remains "strong" in North America, and pricing power will continue into 2016. Hendrix is incrementally more bullish on cruise names. Felicia Hendrix, Barclays...
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Deutsche Bank 'Taking A Break' On Carnival Ahead Of Friday's Earnings
Monday, March 23, 2015 - 8:30am | 207In a report published Monday, Deutsche Bank analyst Richard Carter downgraded shares of Carnival Corporation (NYSE: CCL) to Hold from Buy with a price target raised to $51 from a previous $48 ahead of the company's first quarter results on Friday. According to Carter, Carnival's first quarter will...
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Deutsche Bank Previews Carnival's Q4 Results
Thursday, December 18, 2014 - 9:35am | 230Carnival Corporation (NYSE: CCL) is scheduled to report its fourth quarter and full year fiscal 2014 results on Friday before market open. In a note to clients on Tuesday, Richard Carter of Deutsche Bank stated that he expects the company to report 2014 full year results ahead of market...