Royal Caribbean Cruises LtdBeat Q2 earnings estimates and raised full-year EPS guidance, but trimmed revenue growth outlook due to softening demand from geopolitical tensions.

Royal Caribbean reported second-quarter adjusted earnings of $4.21 per share, beating analyst expectations of $3.98 per share, while trimming its full-year revenue growth target to roughly 9% from roughly 10% due to softening demand on some sailings linked to geopolitical tensions. The company raised its full-year adjusted earnings outlook to $17.73–$17.87 per share, up from the prior $17.10–$17.50 range. Second-quarter revenue rose 6% to $4.83 billion, narrowly topping the $4.82 billion forecast, and net income was $1.13 billion, or $4.20 per diluted share, compared with $1.21 billion, or $4.41 per diluted share, a year earlier. Chief Financial Officer Naftali Holtz said overall demand remains healthy, with record pricing and booking volumes above last year, and noted that 2027 booking trends are running ahead of historical levels. The company expects third-quarter adjusted EPS of $6.26 to $6.36 and total revenue growth of approximately 8%.
Royal Caribbean Cruises LtdBeat Q2 earnings estimates and raised full-year EPS guidance, but trimmed revenue growth outlook due to softening demand from geopolitical tensions.