(Updates with closing price of stock.)Royal Caribbean (RCL) - Get Report is once again saying its full-year outlook will be lower than expected, anchored down by high fuel costs and swine-flu outbreak.

The cruise operator previously predicted 2009 profit of about $1.35 per share, with a 10 cents per share deduction for every 10% change in fuel prices.

The company said that since it provided its outlook in April, fuel costs have climbed about 45%. Using this metric, full-year earnings would presumably by 95 cents a share.

Royal Caribbean also announced earlier this month that the swine flu will lower its full-year earnings by about 22 cents per share.

Analysts expect full-year earnings of $1.10 a share.

Royal Caribbean provided this update as part of its report, saying it will start offering $250 million senior notes. Shares in the company remained flat on Monday, closing down by 3 cents, to #13.25.

Earlier in the month rival

Carnival

(CCL) - Get Report

posted a

32% drop in second-quarter earnings

during the quarter, to $264 million, or 33 cents a share, compared with $390 million, or 49 cents, in the year-ago period.

Carnival said the swine-flu pandemic hurt its earnings by 3 cents a share, less than the 5 cents expected.

Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.