Royal Caribbean reports higher quarterly revenue, updates 2026 outlook
The cruise company’s shares traded below the cited analyst consensus target after its latest quarterly earnings exceeded expectations.
Royal Caribbean shares traded at $302.31 on Aug. 17, 2026, down 0.88% for the session. The company’s reported market value was $80.85 billion, while the stock’s 52-week range was $232.10 to $366.50.
In its July 28 quarterly report, Royal Caribbean posted earnings of $4.21 per share on revenue of $4.83 billion. The reported earnings result was $0.23 above the cited consensus estimate of $3.98 per share, while revenue increased 6.5% from the same period a year earlier.
The company’s reported guidance projected full-year 2026 earnings per share of $17.730 to $17.870. Its third-quarter forecast called for earnings of $6.260 to $6.360 per share.
Analyst expectations cited in the same coverage called for full-year earnings of $17.78 per share, near the midpoint of Royal Caribbean’s guidance range. The cited consensus share-price target was $353.40, above the company’s Aug. 17 trading price.
