Royal Caribbean Raises Full-Year Guidance. Here’s What Investors Need to Know.
Royal Caribbean's win streak continued.
Overview
Royal Caribbean (NYSE:RCL) has been the top-performing stock in the cruise industry since the pandemic, thanks to consistently operating above normal capacity, strong onboard spending, and private destinations that have delivered high margins.
The stock is up nearly 1,000% from its post-pandemic bottom, and it just delivered another strong round of results for investors.
Details
Royal Caribbean stock jumped 5.7% on Tuesday after the company topped estimates in its second-quarter earnings report and raised its guidance. Let’s take a closer look.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.