Royal Caribbean Earnings Are More About the Forward Than the Aft
Enjoying a cruise is about enjoying what lies ahead instead of dwelling on what just happened. You want to metaphorically hang out near the forward end of the ship, looking ahead to the next port. It's a better place to be than the aft section as the past fades from view. It's probably also the right strategy to take in, considering the financial update out of Royal Caribbean (NYSE: RCL) on Friday morning.
The third quarter that ended in September was a dud by most measuring sticks. Revenue fell short of expectations. It was another massive loss. However, the future is considerably brighter with robust bookings and hope for a return to normalcy. Look forward. Don't dwell in the aft err thoughts.
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Source Fool.com
