Royal Caribbean International reported a second-quarter loss on Wednesday that was wider than analysts were anticipating, as the spread of the delta coronavirus variant slowed the rebound in near-term cruise bookings.
Shares of the company fell about 2%.
Here’s how the company did for its second quarter ended June 30 compared with what analysts surveyed by Refinitiv were anticipating:
- Loss per share: $5.06 adjusted vs. $4.39 expected
- Revenue: $50.9 million vs. $149.7 million expected
During its second quarter, the company’s net loss narrowed to $1.35 billion, or $5.29 per share, from a loss of $1.64 billion, or $7.83 per share, a year earlier.
Excluding items, Royal Caribbean said it lost…