Royal Caribbean Raises 2026 Adjusted EPS Guidance After Q3 Results
Royal Caribbean reported third-quarter 2026 revenue of $5.59 billion and adjusted EPS of $6.57, versus a $6.38 consensus estimate. It raised full-year adjusted EPS guidance to $17.85–$17.95 and forecast fourth-quarter adjusted EPS of $3.48–$3.58.
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Royal Caribbean Group announced its third quarter 2026 financial results, reporting revenue of $5.59 billion and an adjusted earnings per share (EPS) of $6.57, which outperformed the consensus estimate of $6.38. The company's performance was driven by strong close-in demand in the Caribbean and Europe, alongside lower costs due to the timing of expenses. Following these results, the company raised its full-year 2026 adjusted EPS guidance to a range of $17.85 to $17.95. Additionally, the company provided a fourth-quarter 2026 adjusted EPS outlook of $3.48 to $3.58.
Management noted that the business remains on track to achieve its "Perfecta" goals, including a 20% adjusted EPS CAGR from 2024 through 2027.