Royal Caribbean Cruises reported second-quarter 2026 revenue and adjusted earnings above analyst estimates and raised its full-year EPS guidance, while completing a US$1.25 billion senior unsecured notes offering at 5.550% due 2034 to refinance existing debt. Adjusted earnings dipped 3.9% year over year, keeping cost pressures in focus, and the new long-term borrowing slightly tilts near-term risks toward leverage. The company projects $23.4 billion revenue and $6.0 billion earnings by 2029, implying 8.4% annual revenue growth and a $1.5 billion earnings increase from $4.5 billion today. Simply Wall St's narrative model values the stock at $336.31, a 15% upside to its current price, while some analysts expect earnings of about US$6.7 billion by 2029.
Royal Caribbean Cruises LtdBeats Q2 estimates, raises full-year EPS guidance, and refinances debt at favorable terms.
