Royal Caribbean Stock Updates: Q1 Earnings, U.S. Sailing Timeline

Royal Caribbean Stock Updates: Q1 Earnings, U.S. Sailing Timeline

Share to Linkedin Royal Caribbean stock has done fairly well this year, rising by about 24% year-to-date, although it has largely moved sideways in recent weeks. Here's a quick look at some of the recent developments for RCL and what the outlook could be like for the company. Separately, Royal Caribbean also published its Q1 2021 results last week, reporting a quarterly loss of about $1. 1 billion, on revenue of just $42 million as its fleet largely remained idle through the quarter. Monthly cash burn stood at approximately $300 million, an increase from the $270 million levels seen over Q4. While Royal Caribbean appears to have more than enough liquidity (over $5 billion in cash) to fund its cash burn until it resumes sailing in the coming months, its debt load has also soared, with long-term debt standing at $20. 7 billion, up from $12. 2 billion last year. This is likely to impact earnings in the long run, given that interest expenses were up 3x compared to last year. See our analysis on Royal Caribbean Stock Chances of Rise for an overview of the stock's recent performance and how it is likely to trend going forward. Royal Caribbean