3 Reasons Royal Caribbean Stock Can Move Higher This Week

It's time for the world's most valuable cruise line operator -- by market cap and enterprise value -- to offer up fresh financials. Royal Caribbean Cruises (NYSE: RCL) will step up with its third-quarter report on Tuesday morning.Expectations are high for the company with a fleet of 68 ships across five different brands. The shares hit an all-time high this month, more than quadrupling since the start of last year. This kind of run may make a stock susceptible to a stumble if the company doesn't deliver a blowout performance, but there are some pretty good reasons to expect a strong week from Royal Caribbean.Royal Caribbean delivered another "beat and raise" performance three months ago, once again jacking up its full-year projections. Its guidance in July for the three months ending in September called for adjusted earnings per share (EPS) between $4.90 and $5.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool