News about Royal Caribbean

Royal Caribbean shares rallied Tuesday after the cruise operator reported higher-than-expected profit and raised its full-year earnings forecast. Third-quarter revenue rose 9% year over year to $5.6 billion. Adjusted net income climbed 12% to $1.8 billion, or $6.57 per share, beating analysts' estimate of $6.38. The company now expects full-year adjusted EPS of $17.85 to $17.95, up from $17.73 to $17.87. In September it agreed to acquire a 50% stake in Sandals and Beaches Resorts, giving access to 18 Caribbean resorts with more under construction. CEO Jason Liberty said 2027 bookings are pacing ahead of historical levels at higher rates.

Royal Caribbean (RCL) shares rose 8% to $302.74 after third-quarter 2026 results beat company guidance, with adjusted EPS of $6.57 versus the $6.38 consensus estimate, while revenue of $5.59 billion rose 8.8% but came in slightly below estimates. The company raised its full-year adjusted EPS outlook to $17.85–$17.95, even though fuel costs and currency exchange rates ran above plan, and guided fourth-quarter adjusted EPS to $3.48–$3.58. Booking volumes have grown since the prior earnings call, and reservations for next year are running ahead of historical levels at higher prices, though part of the cost benefit reflects expenses shifting into the fourth quarter. Norwegian Cruise Line Holdings (NCLH) rose 3% to $15.71 and Carnival (CCL) rose 2% to $27.36, while the Energy Select Sector SPDR ETF (XLE) fell 0.6%. The article says the rally appears largely company-specific, with rival cruise stocks rising far less.

Norwegian Cruise Line Holdings, Royal Caribbean and Carnival shares each rose about 3% in afternoon trading, to $15.70, $289.20 and $27.17, while the Energy Select Sector SPDR ETF (XLE) slipped 0.2% to $67.67 and the S&P 500 ETF (SPY) gained 0.3% to $768.82. The article ties the group's move to shared exposure to travel demand and operating costs, noting that fuel is one of cruise lines' largest expenses, so energy prices feed directly into costs. Carnival's Q3 FY2026 results, released on September 29, gave a positive read on demand, with CEO Josh Weinstein saying booking volumes were meaningfully ahead of last year and far outpacing capacity growth. Norwegian, the smallest of the three and the most indebted relative to its size, may be more sensitive to demand or financing swings, and its upcoming quarterly report will show whether results support the rally.