Analyst Jamie Rollo and team reduced the FY22 EBITDA forecast to -$900M from $900M, which would mark a third straight year of losses for the cruise line operator. The FY23 EBITDA forecast was reduced to $5.0B on the expectation for weaker pricing/occupancies and elevated costs.
Date: Jun 29, 2022
Category: Business
Source: Google
Stocks rise as tepid jobs report stokes hopes for low rates
and Royal Caribbean Cruises both skidded. Morgan Stanley analyst Jamie Rollo said demand for cruises seems to have gotten weaker in August and bookings for late 2016 and early 2017 have slowed down. He downgraded Carnival shares to "Underweight," and the company took the biggest loss on the S&P
Date: Sep 03, 2016
Category: Business
Source: Google
Stocks rise as jobs report stokes hopes for low interest rates
Carnival Corp. and Royal Caribbean Cruises both skidded. Morgan Stanley analyst Jamie Rollo said demand for cruises seems to have weakened in August and bookings for late 2016 and early 2017 have slowed down. He downgraded Carnival shares to underweight, and they slid 4.7% to $46.39, the biggest l
Date: Sep 02, 2016
Category: Business
Source: Google
Wall Street rises as jobs data reins in September rate hike bets
ED: Carnival Corp. and Royal Caribbean Cruises took the biggest losses on the S&P 500 index. Morgan Stanley analyst Jamie Rollo said demand for cruises seems to have gotten weaker in August and bookings for late 2016 and early 2017 have slowed down. He downgraded Carnival shares to "Underweight.
Date: Sep 02, 2016
Category: Business
Source: Google
CCL, RCL, NCLH: Here's Why Cruise Liners are Down Today
While this is below its historical average of 14x, and a premium is arguably deserved, analyst Jamie Rollo stressed that cruise stocks have been trading in tandem for some time, and tend to derate heavily on downgrades. He lowered price target for CCL stock from $54 to $48 to reflect rising risks an