Royal Caribbean Delivers Solid Earnings and Upbeat Outlook, So Why is the Stock Down?

By |2024-07-26T19:49:20+00:00July 26th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Royal Caribbean (RCL) reported second-quarter earnings yesterday that featured revenue and profit beats alongside an optimistic view for the road ahead. But, the stock has fallen 6% in the past week. Here are sales and earnings figures for Q2: Adjusted EPS: $3.21 compared to the $2.77 consensus. Revenue: $4.11 billion compared to the $4 [...]