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Royal Caribbean Raises Full-Year EPS Outlook After Q3 Beat

By Drooid · Oct 27, 2026, 23:08 UTC · How we work

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Summary

Royal Caribbean raised its full-year adjusted EPS outlook to $17.85-$17.95 after a Q3 beat.
Adjusted Q3 earnings per share were $6.57, surpassing the $6.38 estimate.
Revenue reached $5.59 billion, slightly below the $5.61 billion forecast.
The cruise line carried 2.7 million passengers, a 9% year-over-year increase.
Royal Caribbean agreed to buy a 50% stake in Sandals and Beaches Resorts, closing early 2027.

History

Founded in 1972, Carnival Corporation built a global fleet through 1990s acquisitions and a 2000 takeover of Costa Cruises, later merging with P&O Princess in 2002 to form a dual-listed group. Today the company operates over 90 vessels, a scale that Royal Caribbean seeks to match by expanding into resort partnerships.

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Historical Context

Founded in 1972, Carnival Corporation built a global fleet through 1990s acquisitions and a 2000 takeover of Costa Cruises, later merging with P&O Princess in 2002 to form a dual-listed group. Today the company operates over 90 vessels, a scale that Royal Caribbean seeks to match by expanding into resort partnerships.

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