Do Royal Caribbean Cruises' (NYSE:RCL) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Royal Caribbean Cruises . While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing.See our latest analysis for Royal Caribbean Cruises. Royal Caribbean Cruises' earnings per share have been soaring, with growth rates sky high. This level of EPS growth does wonders for attracting investment, and the large insider investment in the company i