Royal Caribbean Shares Jump 6% After Q3 Beat, Raised Full-Year Guidance

Shares of Royal Caribbean (RCL) rose more than 6% in recent trading Tuesday after the Miami-based cruise operator reported third-quarter earnings that beat analyst estimates and lifted its full-year outlook. Carnival Corp. (CCL) and Norwegian Cruise Line Holdings (NCLH) also advanced. Royal Caribbean posted adjusted earnings per share of $6.57, above the $6.36 consensus from Visible Alpha. Revenue rose 9% year-over-year to $5.59 billion, just shy of estimates. For the full year, the company now sees adjusted EPS of $17.85 to $17.95, up from its prior forecast of $17.73 to $17.87 and above the $17.79 consensus. CEO Jason Liberty said results reflect "continued strong consumer demand" and "accelerated momentum" across its brands, adding that 2027 bookings are pacing ahead of historical levels at higher rates. Royal Caribbean shares are up 7% for the year.