Royal Caribbean
Why it is trending in America today
Royal Caribbean raises full-year forecast after higher quarterly profit
Royal Caribbean is trending after the cruise company reported higher quarterly profit and raised its full-year forecast, lifting its stock about 8 percent. A second story, about a cruise reportedly rerouted from the Bahamas to Canada, has also drawn attention.
The background
MIAMI, Fla., Oct. 26 — Royal Caribbean, the cruise operator, reported higher profit for the quarter and raised its outlook for the full year. Its shares rose about 8 percent on the news. Rival cruise lines Norwegian and Carnival also gained shares, though by smaller amounts.
Coverage also linked the company's results to fuel costs. One financial article examined what the earnings say about the recent run-up in fuel prices. A separate report described falling oil prices easing pressure on cruise company margins. Another item reported that a cruise booked for the Bahamas was reportedly rerouted to Canada.com headline.
What else people are searching
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Key facts
- Royal Caribbean reported higher quarterly profit.
- The company raised its full-year forecast.
- Its stock rose about 8 percent on the news.
- Norwegian shares rose about 3 percent and Carnival edged higher.
- Coverage linked the results to fuel costs and falling oil prices.
What we don't know yet
The sources do not give the exact date of the earnings report or the size of the new forecast.
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Trend data
Royal Caribbean started trending in the US on Oct 26, 9:10 PM EDT, reaching about 2K+ Google searches. 10 news outlets covered it in our feed, including WKRC, Wide Open Country, The Weather Channel. The earliest report we found came from WKRC at Oct 24, 2:13 AM EDT.