Royal Caribbean Reports Q2 Earnings Beat but Lowers Revenue Outlook
Royal Caribbean (RCL) reported second-quarter adjusted earnings per share of $4.21, exceeding analyst expectations of $3.98. The company raised its full-year adjusted EPS guidance to a range of $17.73–$17.87 from the previous estimate of $17.10–$17.50. However, Royal Caribbean trimmed its annual revenue growth target to approximately 9% from around 10%, citing softening demand in certain sailings due to geopolitical tensions. For Q2, which ended June 30, the company's revenue rose by 6% year-over-year to $4.83 billion, narrowly surpassing forecasts of $4.82 billion. Net income attributable to Royal Caribbean was reported at $1.13 billion or $4.20 per diluted share, down from $1.21 billion in the same period last year. Despite booking pressures on some itineraries, overall demand remained strong with record pricing and higher booking volumes compared to 2025 levels.
Tickers: $RCL
Topics: Earnings Beat Geopolitical Impact Revenue Outlook Trimmed