Shares of cruise operator Royal Caribbean RCL.N fall about 5% to $336 premarket as current-quarter adjusted profit forecast comes in below estimates
Co forecasts Q3 adjusted earnings per share in the range of $5.55 to $5.65, below estimates of $5.83/shr, amid rising fuel prices
However, RCL raises annual profit forecast
RCL reports Q2 total revenue of $4.54 bln, in line with estimates, while Q2 adj EPS of $4.38 beats estimates of $4.09
As of last close, RCL stock up 52.59% YTD