Royal Caribbean Cruises Earnings News: Can RCL stock sail away from bears?

📆 5/6/2022 1:40 AM

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📆 5/6/2022 1:40 AM
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Royal Caribbean (RCL) is sailing into choppy waters after the release of Q1 earnings. The cruise operator missed on both top and bottom lines and RCL

Royal Caribbean Cruises hoping to be up to full capacity by summer 2022.

. RCL said it expects to return to profitability in the second half of 2022. Royal Caribbean has hedged 55% of fuel costs for 2022 and 25% for 2023. The problem for RCL stock is twofold, and both factors are outside its control If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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