Overview
Royal Caribbean Q3 adjusted EPS beats analyst expectations, driven by strong demand and lower costs
Company raises full-year 2025 adjusted EPS guidance to $15.58-$15.63, up 32% yr/yr
Outlook
Royal Caribbean raises 2025 Adjusted EPS guidance to $15.58-$15.63
Company says 2026 bookings have come in at rates well above the prior year
Company expects 2026 EPS to have a $17 handle
Royal Caribbean plans to open Royal Beach Club Santorini in 2026
Result Drivers
HIGHER DEMAND - Strong close-in demand exceeded expectations, contributing to better-than-expected Q3 results
COST MANAGEMENT - Lower-than-expected costs helped improve Q3 financial performance
NEW SHIPS - Contribution of new ships with higher load factors supported increased occupancy and yields
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Passenger Ticket Revenues | $3.63 bln | ||
Q3 Adjusted EPS | Beat | $5.75 | $5.67 (18 Analysts) |
Q3 EPS | $5.74 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"
Wall Street's median 12-month price target for Royal Caribbean Cruises Ltd is $360.50, about 11.2% above its October 27 closing price of $320.26
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release: ID:nPn6Z75ySa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)