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Why Royal Caribbean Stock Just Popped

TheMotleyFool

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Royal Caribbean (NYSE: RCL) stock jumped a lucky 7.7% through 12:15 p.m. ET Thursday after beating on top and bottom lines in its Q1 earnings report this morning.

Heading into the report, analysts forecast the cruise line stock to earn $3.22 per share on sales of just under $4.5 billion. In fact, Royal Caribbean earned $3.60 per share -- and hit $4.5 billion in revenue on the nose.

Image source: Getty Images.

Source Fool.com