Royal Caribbean Falls On Q4, CFO Says Strong Bookings, Asia Expansion Ahead

Royal Caribbean (RCL) ended down 5.5% Thursday after it reported fourth-quarter earnings that disappointed the Street. The cruise operator said it earned 32 cents a share on revenue that slipped 2% to $1.82 billion. Analysts were forecasting earnings of 43 cents a share on revenue of $1.87 billion. Royal Caribbean’s guidance was also light. The [...]
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