Royal Caribbean Reports Strong Q1 Earnings, Driving Stock Higher
Royal Caribbean (RCL) stock surged 7.7% after reporting better-than-expected Q1 earnings and revenue. The company earned $3.60 per share (non-GAAP) and $4.5 billion in revenue, surpassing analyst forecasts. CEO Jason Liberty expects continued double-digit growth in revenue and earnings for the year.
Topics: Cruise Industry Earnings Profit Growth Revenue Growth Stock Price Movement