NYSE:RCLHospitality
Royal Caribbean Cruises (RCL) Reports Strong Earnings Growth With US$1,210 Million Net Income
Royal Caribbean Cruises (RCL) showcased a robust second quarter, with revenue rising to $4.5 billion from $4.1 billion year-on-year, and net income climbing to $1.2 billion from $854 million. During the last quarter, RCL's share price surged 63%, driven by strong earnings results that highlighted significant recovery in the cruise industry post-pandemic, as well as dividend affirmations. These positive developments occurred even as broader markets like the S&P 500 and Nasdaq experienced minor...