Cruise Line Stock Sinks Despite Beating EPS and Raised Guidance
Royal Caribbean Cruises .(RCL) MarketBeat·2024-07-30 23:41
Royal Caribbean Cruises TodayRCLRoyal Caribbean Cruises78.35▼173.50Add to WatchlistCruise line operator Royal Caribbean Cruises Ltd. NYSE: RCL is proving to be in a class all by itself. The company crushed EPS estimates again and raised top and bottom line forecasts again. However, instead of surging to new 52-week highs, a sell-the-news reaction triggered, sending shares lower by 7.5% following its second-quarter earnings release. This ...