Shares of cruise line companies surged on Tuesday after Carnival Corporation (CCL - Free Report) reported better-than-expected third-quarter earnings and signaled that the recent wave of tropical storms in the Caribbean didn’t destroy its bottom line.

Carnival reported earnings of $2.29 per share (excluding $0.46 in non-recurring items), which beat the Zacks Consensus Estimate of $2.20 per share. The company also beat sales expectations, with $5.52 billion in revenues topping our estimate of $5.39 billion. Carnival’s quarterly revenues popped 8.2% and increased for the seventh straight quarter.

What investors might appreciate even more is the fact that the string of powerful hurricanes in the Caribbean, including Hurricanes Irma and Harvey, did not greatly impact Carnival.

The storm’s devastation would likely not have affected the company in its third quarter, but Carnival said that it expects to continue full-speed ahead during the holiday travel season, having avoided any major impact from the storms.

"Many people throughout these areas have been impacted and several ports are temporarily unavailable,” Carnival President and CEO Arnold Donald said in a statement. “Fortunately, our owned destinations including Amber Cove, Dominican Republic; Cozumel, Mexico; Mahogany Bay, Honduras; Half Moon Cay and Princess Cays, Bahamas, as well as more than 40 other ports, plus all those in Mexico, are fully operational and welcoming guests."

The tropical storms did force Carnival to lower its fourth-quarter and full-year earnings and revenue projections slightly, but these estimates are still calling for year-over-year growth and are higher than previously anticipated.

The company now expects full-year 2017 net revenues to climb 4%, which is up from its June guidance. Carnival projects to post fourth-quarter earnings between $0.44 and $0.50 per share and full-year earnings in the range of $3.64 to $3.70 a share.

On top of this, Carnival's cumulative bookings for the first half of next year are ahead of last year’s rates. The company has also been able to boost its on-ship experiences, which helped it raise overall ticket prices 5%.

Shares of Carnival climbed over 4% in morning trading to hit $66.25 per share, which is roughly $3.50 below its 52-week high. Carnival stock has already gained 40.53% year-to-date, blowing away the S&P 500 average of 10.18%.

Rest of Industry

Aside from the very real and devastating impact on homes, property, infrastructure, and peoples’ safety and lives, it seems that the string of Caribbean hurricanes have not really hurt the cruise industry.

Shares of Norwegian Cruise Line (NCLH - Free Report) popped over 2.75% on Tuesday, while Royal Caribbean (RCL - Free Report) saw its stock price jump over 3%.