Royal Caribbean issues 2026 earnings guidance as deployment plans shift
The cruise company reported quarterly earnings above the prior analyst consensus, while recent coverage detailed changes to its 2027-2028 capacity and Los Angeles sailings.
Royal Caribbean Cruises Ltd. has set full-year 2026 earnings-per-share guidance of $17.73 to $17.87. The company also issued third-quarter 2026 EPS guidance ranging from $6.26 to $6.36.
Royal Caribbean’s most recently reported quarterly EPS was $4.21, compared with the prior analyst consensus of $3.98. Recent analyst coverage characterized the stock’s consensus rating as a moderate buy and listed an average price target of $353.40.
According to cited market data, Royal Caribbean shares closed at $300.36 on Aug. 18, 2026, and had gained 8.36% since the beginning of the year. A separate price-range summary placed the shares’ 52-week range between $232.10 and $366.50.
Separately, recent reports indicated that Royal Caribbean was canceling previously scheduled cruises from Los Angeles as it shifted more capacity to Asia and Australia for the 2027-2028 season. Additional coverage said several 2027 Los Angeles voyages aboard Navigator of the Seas and Ovation of the Seas were being canceled.
