Report
Jaime Katz
EUR 100.00 For Business Accounts Only

Cuba Travel Restrictions Ding 2019 EPS Growth at Carnival, Royal, and Norwegian; Shares Undervalued

On June 4, the Trump administration imposed travel restrictions on visits to Cuba by U.S. citizens, stripping people to people travel to the island, prohibiting educational and cultural trips to the island. Given that the constraints were effective June 5, the narrow-moat cruise lines, Carnival, Royal, Caribbean and Norwegian have scrambled to shuffle their high-yielding Cuba itineraries to alternate ports, offering customers compensation for the altered redeployments. Royal Caribbean was impact...
Underlying
ROYAL CARIBBEAN GROUP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jaime Katz

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