Royal Caribbean posts strong Q3 results and lifts full‑year adjusted EPS outlook
+2 new sources since this summary was written
Royal Caribbean Group reported third‑quarter 2026 earnings of $6.45 per share and adjusted earnings of $6.57 per share, beating its own guidance. Revenue rose 9% year‑over‑year to $5.6 billion. The company raised its full‑year 2026 adjusted EPS target to a range of $17.85‑$17.95 and disclosed a plan to purchase a 50% stake in Sandals and Beaches Resorts, with closing expected in early 2027 pending customary approvals.
Why it matters
The higher adjusted EPS guidance signals stronger profitability for the remainder of 2026, which may support the stock price. The pending acquisition is projected to be immediately earnings‑accretive, adding a new revenue stream from the all‑inclusive resort segment once it closes in 2027.
Key facts
- 1Third‑quarter 2026 revenue was $5.6 billion, a 9% increase compared with the same quarter a year earlier (as‑reported). prnewswire.com
- 2Net income for the quarter was $1.7 billion, equal to $6.45 per share (as‑reported). prnewswire.com
- 3Adjusted earnings per share for the quarter were $6.57 (as‑reported). prnewswire.com
- 4Full‑year 2026 adjusted EPS is now expected to be between $17.85 and $17.95 (as‑reported). prnewswire.com
- 5Net yields are projected to rise about 2.7% as‑reported and about 2.1% in constant‑currency terms for the full year. prnewswire.com
- 6The company plans to acquire a 50% ownership interest in Sandals and Beaches Resorts, with the transaction slated to close in early 2027, subject to standard closing conditions and regulatory approvals. prnewswire.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.