Friday, 14 June 2019 11:30

Royal Caribbean lowers profit outlook due to Cuba cruise ban

564 ROyal Caribbean


Royal Caribbean Cruises has lowered its profit outlook following the Trump Administration’s ban on American cruises docking in Cuba. While the affected sailings impact only 3 percent of the company’s 2019 sailings, they have indicated that the regulatory change will lead to a reduction to the adjusted EPS for 2019 in the range of USD 0.25 to USD 0.35 per share.



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