RCL - Royal Caribbean Stock Is Rising Tuesday: What's Going On? | Benzinga
Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading higher Tuesday in sympathy with shares of Carnival Corp (NYSE:CCL), which jumped after the company reported better-than-expected quarterly results.
What Happened With CCL: Carnival reported second-quarter revenue of $5.781 billion, beating analyst estimates of $5.675 billion, according to Benzinga Pro. The cruise company reported adjusted earnings of 11 cents per share, which easily beat estimates for a loss of 2 cents per share.
Carnival also guided for third-quarter adjusted earnings of approximately $1.15 per share versus estimates of $1.10 per share, highlighting ...