Royal Caribbean rallies after reporting record bookings for the Wave Season; cruise line peers are on watch

Cruise ship Icon of the Seas operated by RCI Royal Caribbean International in the Port of Miami

Ceri Breeze/iStock Editorial via Getty Images

Royal Caribbean Cruises Ltd. (NYSE:RCL) has the cruise line sector on watch on Tuesday after posting a solid Q1 earnings report.

Revenue rose 7.2% year-over-year to $4.00 billion. Gross Margin Yields were up 13.9% as-reported, while net yields were up 4.7% as-reported and 5.6% on a constant

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