Royal Caribbean Reduces 2026 Profit Forecast Due to Rising Fuel Costs
Royal Caribbean has lowered its 2026 adjusted profit forecast to $17.10 to $17.50 per share, down from $17.70 to $18.10, due to higher-than-expected fuel costs. The company expects fuel expenses to reach $1.3 billion for the year, with a $0.62-per-share drag. Despite the cut, first-quarter results exceeded expectations, driving a 5% rise in shares.
Tickers: $RCL
Topics: earnings guidance fuel costs geopolitical events profit forecast Royal Caribbean