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Stock impact report

Carnival Cuts Profit Outlook as Oil Surges Over 60% This Year [Yahoo! Finance]

D/B/A Royal Caribbean Cruises Ltd. (RCL) 
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am Check Earnings Report
US:NYSE Investor Relations: rclcorporate.com/investors
Company Research Source: Yahoo! Finance
Carnival ( NYSE:CCL ) is starting to show how quickly a macro shock can flow through to earnings, as surging oil prices begin to reshape the outlook. The company cut its full-year profit guidance to about $2.21 per share, down from its prior December view of roughly $2.48 and below expectations of $2.35. The revision comes as crude markets tighten sharply, with both West Texas Intermediate and Brent rising more than 60% this year to their highest levels since 2022, following escalating conflict in the Middle East, strikes on energy assets, and a near halt of shipments through the Strait of Hormuz. Warning! GuruFocus has detected 6 Warning Sign with CCL. Is CCL fairly valued? Test your thesis with our free DCF calculator. That pressure is now moving directly into costs. Carnival lifted its expected fuel expense for the year by about a third to $2.15 billion, while second-quarter fuel spending alone is projected at $610 million, above expectations of $539 million. The company doe Show less Read more
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