Royal Caribbean Group

RCL: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Royal Caribbean Earnings: Perfecta Goals on Track as Solid Vacation Demand Persists

Jaime M Katz

Oct 27, 2026

Royal delivered a 0.9% lift in third-quarter net revenue yield and a 1.9% decline in net cruise costs, excluding fuel. This led to adjusted EPS of $6.57, about $0.25 above the firm’s outlook. The firm raised its 2026 EPS outlook to $17.85-$17.95 from $17.73-$17.87, driving shares 6% higher.

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Royal Caribbean Group

Royal Caribbean Earnings: Perfecta Goals on Track as Solid Vacation Demand Persists

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