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Stock impact report

Carnival reports first-quarter loss due to coronavirus hit [Reuters]

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: Reuters
Carnival reports first-quarter loss due to coronavirus hit (Reuters) - Carnival Corp ( CCL.N ), the world’s largest cruise operator, on Thursday reported first-quarter loss compared with an year-ago profit, hurt by canceled and disrupted trips due to the coronavirus outbreak across the globe. Cruise operators are among the worst hit companies from the pandemic as they were forced to cancel trips and issue refunds to customers. Carnival has temporarily suspended global voyages of all its brands including Princess Cruises, two of which had to dock off their destination ports after some passengers were tested positive for the virus. The cruise operator said it has fully drawn its $3 billion revolving credit agreement, as it braces for a financial hit from the pandemic. Rival Royal Caribbean Cruises Ltd ( RCL.N ) has also increased its credit capacity by $550 million to boost liquidity. Carnival said it was unable to provide a profit forecast due to the uncertainty, but said it expect Show less Read more
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