What happened Shares of Royal Caribbean Cruises (NYSE: RCL) jumped as much as 7.5% in trading Wednesday after the company announced first-quarter results and full-year guidance. At 1:40 p.m. EDT, shares were at their daily high and show no sign of slowing down. So what Quarterly revenue was up 20.3% to $2.44 billion, and net income dropped from $213.6 million to $209.9 million, or $1.19 per share. Revenue easily topped the $2.37 billion estimate from Wall Street, and adjusted earnings of $1.31 beat estimates of $1.11. Image source: Getty Images. What really got investors excited was full-year earnings guidance of $9.65 to $9.85 per share. That's lower than the $9.75 to $10.00 given in January, but it includes a negative $0.25 impact from an incident at the Grand Bahama Shipyard and a negative $0.25 adjustment for higher oil prices. Without those two items, guidance would have been up significantly. Now what Management has said that demand is higher than they expected, and that's what's driving strong results. In the case of cruise lines, a strong economy and rising wages are leaving more money to spend on vacations. As long as that trend continues, operations will improve. With shares trading at just over 13 times the high end of forward estimates, the stock still has value for investors. 10 stocks we like better than Royal CaribbeanWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Royal Caribbean wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source