NYSE:RCLHospitality
Royal Caribbean (RCL) Stock Ignores Margin Strength And Guidance Lift
Royal Caribbean Cruises stock is barely breaking a sweat after earnings, up less than 1% around US$324 even after another hefty summer quarter. The market is treating this like a routine beat. The headline is anything but routine for a cruise operator. Adjusted earnings per share landed at roughly US$4.21 on about US$4.8b of revenue, alongside a full year guidance lift for both sales and earnings.
Short term traders may see a tired move. Long term investors are weighing a cruise giant that is...