Royal Caribbean’s stock falls as a slight revenue miss and disappointing current-quarter outlook offset a profit beat and raised full-year outlook.

Royal Caribbean reported adjusted quarterly earnings of $4.38 a share, as revenue climbed about 10% from a year ago to $4.54 billion. Analysts were expecting earnings of $4.09 a share on revenue of $4.55 billion, according to a FactSet poll.

What Booking Holdings and Royal Caribbean's Earnings Tell Us About the State of Travel originally appeared on Come Cruise With Me. At the end of the first quarter, travel companies spent the end of an otherwise ordinary (even strong) quarter withdrawing their guidances and warning investors that consumer sentiment was sagging.