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Royal Caribbean (RCL) Stock Slumps After Mixed Q2 Results

NEW YORK (TheStreet) -- Shares of Royal Caribbean Cruises (RCL) are down by 2.52% to $70.05 in pre-market trading Tuesday morning, after the cruise company posted mixed fiscal 2016 second quarter results before today's market open.

Royal Caribbean reported earnings of $1.09 per share, surpassing analysts expectations of $1.02 per share. Revenue came in at $2.105 billion, falling short of analysts projected $2.17 billion.

For the 2015 second quarter, the company posted earnings of 84 cents per share on revenue of $2.06 billion.

The company lowered its full-year adjusted earnings for 2016 to between $6 per share and $6.10 per share, a 20 cent...