Royal Caribbean -5.8% after guidance disappoints

|About: Royal Caribbean Cruises Ltd. (RCL)|By:, SA News Editor

Royal Caribbean (NYSE:RCL) reports higher fuel costs and F/X swings were a $0.05 drag in Q1.

The company's net yield fell 1% during the quarter.

Passenger ticket revenue -3.1% to $1.306B.

Onboard and other revenue -5.8% to $508.82M.

Demand was clipped by the impact F/X had on pricing.

Q2 guidance: Royal sees net yields increasing 3.5%. EPS of $0.70 expected.

RCL -5.76% premarket to $74.48.

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