Overview
- Royal Caribbean guided 2026 adjusted EPS to $17.70–$18.10 and projected double‑digit revenue growth after a strong start to the year.
- The company said roughly two‑thirds of 2026 capacity is already booked at record pricing, with onboard and pre‑cruise spending running ahead of prior years.
- Shares jumped about 16% following the update, while peers Norwegian Cruise Line, Carnival, and Viking also advanced.
- Management outlined near‑term assumptions including first‑quarter adjusted EPS of $3.18–$3.28 and about $1.17 billion in full‑year fuel expense.
- Expansion plans include new Discovery Class ships with Chantiers de l’Atlantique and 10 additional Celebrity river ships, while Forbes reported the new Royal Beach Club Paradise Island is operating near capacity as a high‑margin catalyst.