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Jun 30, 2021
Royal Caribbean Q2 2021 Earnings Report
Reported financial results and provided business updates on the resumption of service.
Key Takeaways
Royal Caribbean Group reported a GAAP Net Loss of $(1.3) billion for Q2 2021. The Group is operating 29 ships, representing 42% of capacity and expects to operate 36 ships by the end of August, representing over 60% of its capacity. Customer Deposits have increased $530 million from last quarter to $2.4 billion and ended the quarter with $5.0 billion of liquidity.
The Group is operating 29 ships across its five brands, representing 42% of capacity.
By the end of this month, the Group expects to be operating 36 ships, representing over 60% of its capacity.
Booked load factor for 2022 is within historical ranges and prices for 2022 are up versus a record-setting 2019.
Customer Deposits have increased $530 million from last quarter to $2.4 billion.
Revenue by Segment
Forward Guidance
The Company expects to incur a net loss on both a U.S. GAAP and adjusted basis for its third quarter and the 2021 fiscal year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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