Carnival says Baltimore bridge collapse could bring up to $10M earnings impact in 2024 [Yahoo! Finance]
D/B/A Royal Caribbean Cruises Ltd. (RCL)
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am
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Source: Yahoo! Finance
The cruise line operator told shareholders it could see a "current estimated impact of up to $10 million on both adjusted EBITDA [earnings before interest, taxes, depreciation and amortization] and adjusted net income for the full year 2024." The bridge fell into the Patapsco River near Baltimore early Tuesday morning. Its collapse stemmed from a large container ship striking one of its support columns. The nearby Port of Baltimore has experienced some disruptions due to the Francis Scott Key Bridge incident, halting vessel traffic "until further notice" though it said Tuesday. "Trucks are being processed within our marine terminals" still. BALTIMORE BRIDGE COLLAPSE SHUTTERS PORT INDEFINITELY, IMPACTING SUPPLY CHAIN Carnival, which sails out of the Baltimore port for certain cruises, said it did not incorporate the $10 million estimated impact in its 2024 outlook "given the timing of yesterday's event in Baltimore and the temporary change in homeport." It also reported seeing
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News
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- Hard Rock International, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and SeaPR Web
- Hard Rock International, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and SeaPR Newswire
- Royal Caribbean Cruises Ltd. (NYSE: RCL) had its price target raised by analysts at Wells Fargo & Company from $153.00 to $159.00. They now have an "overweight" rating on the stock.MarketBeat
RCL
Earnings
- 4/25/24 - Beat
RCL
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 144
- 4/25/24 - Form 10-Q
- RCL's page on the SEC website