According to a financial review of TUI AG, the German arm of TUI group will make some changes to its Hapag-Lloyd Kreuzfahrten. The German live has seen a reduction of passengers with the average ship sailing at 70% occupied. Its not all bad news as TUI Cruises, the joint venture between TUI and Royal Caribbean, [...]
Norwegian Cruise Line posted a loss of $96 million, or $0.49 per share, on revenues of $527.6 million for the first quarter ended March 31, 2013, compared to net income of $3.2 million, or $0.02 per share, on revenues of $515.4 million for the same period last year. Operating income was $31 million this year, [...]
via Royal Caribbean Royal Caribbean Reports Strong First Quarter Results Royal Caribbean Cruises Ltd. this week announced first quarter 2013 net income of $76.2 million, or $0.35 per share, versus net income of $47.0 million, or $0.21 per share, in the first quarter of 2012. Both onboard revenue and ticket pricing improved, contributing [...]
Carnival Corp announced today non-GAAP net income of $65 million, or $0.08 diluted EPS for the first quarter of 2013. Reported U.S. GAAP net income, which included net unrealized losses on fuel derivatives of $28 million, was $37 million, or $0.05 diluted EPS. Non-GAAP net income for the first quarter of 2012 was $13 million, [...]
2012 Full Year Highlights -Net income of $173.1 million and diluted EPS of $0.97, excluding share-based compensation charge detailed below -Adjusted EBITDA increase of 10% -Net Yield increase of 1.6% (2.4% on a Constant Currency basis) -Net Cruise Cost per Capacity Day Excluding Fuel ("NCC ex Fuel") decrease of 5.3% (decrease of 4.6% on a [...]
From Royal Caribbean: KEY HIGHLIGHTS Results For the Full Year 2012: Full year Net Yields increased 3.0% on a Constant-Currency basis; 1.5% As-Reported; Net Cruise Costs ("NCC") excluding fuel increased 4.2% on a Constant-Currency basis; 2.7% As-Reported; Net income before the non-cash impairment charge described below was $432.2 million, or $1.97 per share, versus net [...]
I usually don’t write much about Walt Disney Co. Their financial structure is usually well insulated from the performance of the cruise line. There’s no better example of this than Q4 2012. For the last 3 months of 2012, the Walt Disney Co. made a profit of $1.4 billion off of revenue of $11.3 billion. [...]
Norwegian Cruise Line reported results for the quarter ended September 30, 2012. Operating income increased 8.8% to $174.1 million in the third quarter of 2012 compared to $160.0 million in 2011 with an improvement in operating margin to 25.8% from 24.0%. Adjusted EBITDA grew 7.2% to $223.6 million from $208.6 million with an increase in [...]
Royal Caribbean Cruises Ltd. reported better than expected third quarter results and increased its earnings outlook for full year 2012. “The strong third quarter certainly validates our confidence in our business model,” said Richard D. Fain, chairman and chief executive officer. “Strong close-in demand and our focus on costs drove substantially better results than expected. [...]
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 billion, or $1.71 diluted earnings per share. Net income for the third quarter of 2011 [...]
