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Royal Caribbean Group (NYSE:RCL) shares fell more than 4% in pre-market trading on Tuesday after the cruise operator reported second-quarter revenue that narrowly missed analysts’ expectations, despite delivering stronger-than-expected earnings and raising its full-year outlook. Revenue for the quarter increased 6% from a year earlier to $4.
Investing.com -- Royal Caribbean Group (NYSE: RCL) reported its latest quarterly earnings on Tuesday, with revenue missing expectations, sending the stock down over 4% premarket.
The cruise operator has outperformed its peers this year and its earnings should keep that trend going.
Cruise stocks have been on a tear recently, boosted by tumbling oil prices and hopes of an end to the Iran war.
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