Royal Caribbean Lifts 2026 EPS Outlook to $17.73-$17.87 on Strong Demand

The cruise operator reaffirms net yield growth targets of 1.75%-2.25% for 2026 after exceeding Q2 expectations. Royal Caribbean Group raised its 2026 adjusted earnings per share forecast to a range of $17.73-$17.87, citing robust demand and a 6% year-over-year revenue incr

The cruise operator reaffirms net yield growth targets of 1.75%-2.25% for 2026 after exceeding Q2 expectations.

Royal Caribbean Group raised its 2026 adjusted earnings per share forecast to a range of $17.73-$17.87, citing robust demand and a 6% year-over-year revenue increase in the second quarter. The company also returned over $600 million in capital to shareholders during the period.

Management reaffirmed its 2026 net yield growth target of 1.75%-2.25%, matching prior guidance. Second-quarter results surpassed internal expectations, driven by higher bookings and pricing strength across its fleet.

The updated outlook reflects confidence in sustained consumer demand and operational performance through 2026.

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