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Carnival Corporation & plc announced non-GAAP net income of $1.2 billion, or $1.53 diluted earnings per share, for the third quarter of 2012. Reported U.S. GAAP net income, which includes unrealized gains on fuel derivatives of $136 million, was $1.3…
MIAMI, July 26, 2012 /PRNewswire/ — Royal Caribbean Cruises Ltd. reported second quarter results and updated its guidance for the remainder of 2012. KEY HIGHLIGHTS Results For the Second Quarter of 2012: Net loss was ($3.6 million), or ($0.02) per…
Operating income for the first quarter grew 23.8% to $46.4 million, with Adjusted EBITDA posting a 10.3% increase to $93.5 million, from strong revenue performance and the benefits of ongoing business improvement initiatives. Net Revenue grew 4.6% in the quarter…
During the conference call Royal Caribbean CEO Richard Fain stated that while the below Q1 took place during the Costa Condordia quarter, the real effects wont be seen until Q2 or even Q3. That’s due to cruises commencing during this…
It only took until the second paragraph of Carnival’s latest SEC filing for the word Concordia to be brought up. For the first Quarter Carnival is reporting an expense of $29 million including a $10 million insurance deductible. They also…
Two weeks ago, we reported on Royal Caribbean’s Q3 earnings. The results were kind of melancholy. Not good, not bad, just ‘eh.’ Afterwards, UBS analyst Robin Farley interpreted the situation as ‘not terrible, not great, but perhaps a situation that…
Some Highlights with the full results below: Income for the quarter improved 18.3% to $162.7 million Net Revenue grew 4.6% to $491.6 million Expenses from the 2010 launch of Norwegian Epic increase Q3 2010 17.9% increase in the price of…
Some Highlights with the full results below: Net Income grew 14% to $399 million. Net Yields increased 5.3% Revenues improved to $2.3 billion strong demand for its Caribbean and Alaska products increases in excess of 15% in ticket yields…
Carnival Corporation & plc reported net income of $1.3 billion, or $1.69 diluted EPS, on revenues of $5.1 billion for its third quarter ended August 31, 2011. Net income for the third quarter of 2010 was $1.3 billion, or $1.62…
Norwegian Cruise Line reported results for the three months ended June 30, 2011. Adjusted EBITDA for the second quarter ended June 30, 2011 increased 29.0% to $123.5 million from $95.7 million in the same period of 2010 on improved revenue…
When Royal Caribbean International (NYSE:RCL) announced their 2Q 2011 Earnings they shocked everyone by admitting that their erred in their accounting. Upon hearing this, the stock plunged yesterday quite a lot. It should pick up today assuming it’s a good…
UPDATE WEDNESDAY: Turns out NCL will wait for better Market Conditions to launch their IPO acc’d to CIN. UPDATE SATURDAY:CruiseIndustryNews chimed in with this bit of info. NCL will be traded on the NASDAQ under ticker NCLH NCL today…
NCL also released their Q1 results. Unlike rival RCI, NCL’s were mostly positive except that it lost money. Although it is still an improvement. Highlights: Revenue increased to $368.0 million EBITDA increased to $81.9 million BUT they lost $10 million…
Today Carnival Corp went public with their first quarter earnings for 2011. Highlights include: Net Income of $152 million. Total Revenue of $3.4 billion. Compared to last year’s Q1, income is down but revenue is up. This can be contributed…
As this is posted on the eve of Christmas, Carnival gave their investors a Christmas present with a solid quarter. The numbers break down: Net income for Q4 of $248 million yielding 31 cent gain a share. This was just…
You can now own a part of NCL. NCL recently filed an S-1 forum that they wish to create an Initial Public Offering. IPO’s are the first step towards being a publically traded company and then being listed in a…
And they were surprising! For Q3 Revenue of $2.1 Billion [17% increase from last year] Net Income of $356.8 million [55% increase from last year] Net Cruise Costs were down(a good thing) 2.3% and omitting fuel expenses, they were down…
Carnival Corporation, the world largest cruise line, recently posted their 3rd Quarter earnings report. Lets take a look at the numbers. Total revenue was $4.4 billion. Up from $4.1 billion last year. Total net income was $1.3 billion yielding $1.62…
My first Finance Friday was from last Friday where I analyzed the Q2 reports. CIN is reporting that the former founder of Seabourn Cruise Line and the current CEO of Seadream Yachts is having some troubles. His companies are declaring…
As we head into the weekend, I think this would be a good time to analyze the Cruise Line’s recent financial statements. Carnival Who better to start things off than the Industry leader and cash machine Carnival Corp. The Miami…