Why Is Royal Caribbean (RCL) Down 5.1% Since Last Earnings Report?
It has been about a month since the last earnings report for Royal Caribbean (RCL) . Shares have lost about 5.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Royal Caribbean due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.Royal Caribbean Q3 Earnings Beat Estimates, R ...