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.

Royal Caribbean raised its annual profit forecast on Tuesday, banking on resilient demand for its luxury destinations, even as the cruise operator faces pressure from higher fuel costs.