On Monday, Royal Caribbean Cruises Ltd. announced a bleak forecast, stating that it expects full-year fuel expenses to be US$0.12 per share at today’s oil prices. This is 45% higher than the Company’s previous forecast reported in April.
The announcement adds to another gloomy forecast reported by Royal Caribbean Cruises earlier this month – due to the disruption of its Mexican business caused by swine flu, the company had previously lowered its earnings for the year by about US$0.22 per share.
Post a Comment