Royal Caribbean Cruises .-RCL Stock Sinks After Earnings—Is a Buying Opportunity Ahead?

Royal Caribbean Cruises Ltd. NYSE: RCL stock is down 5.6% in midday trading after the company’s second-quarter earnings report. The company beat earnings per share (EPS) expectations of $4.04 by 34 cents, coming in at$ 4.38. That number was also 36% higher year-over-year. Royal Caribbean Cruises TodayRCLRoyal Caribbean Cruises $337.37 -14.63 (-4.16%) 52-Week Range$ 130.08▼ $355.91Dividend Yield0.89%P/E Ratio28.02Price Target$ 311.05Add to WatchlistHowever, revenue of $4.54 billion was just a tick under the$ 4. ...