Royal Caribbean Cruises (NYSE:RCL) Releases Quarterly Earnings Results, Beats Estimates By $0.19 EPS

Royal Caribbean Cruises (NYSE:RCL) issued its quarterly earnings data on Tuesday. The company reported $6.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.38 by $0.19, FiscalAI reports. The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.61 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. Royal Caribbean Cruises’s revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the firm earned $5.75 EPS.

Royal Caribbean Cruises Price Performance

NYSE RCL traded up $18.59 during trading on Tuesday, reaching $299.19. 1,036,665 shares of the company traded hands, compared to its average volume of 2,523,396. The stock’s 50 day moving average price is $272.01 and its two-hundred day moving average price is $286.88. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. Royal Caribbean Cruises has a 1-year low of $222.22 and a 1-year high of $356.39. The company has a market cap of $80.02 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 0.97 and a beta of 1.82.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were given a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a yield of 2.0%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 37.08%.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This represents a 22.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 6.44% of the company’s stock.

Trending Headlines about Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Adjusted earnings beat expectations: Royal Caribbean reported third-quarter adjusted EPS of $6.57, above the $6.38 analyst consensus and up from $5.75 a year earlier. GAAP EPS was $6.45, with net profit rising to $1.73 billion from $1.58 billion. This marked the company’s sixth consecutive quarterly EPS beat. Royal Caribbean Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Full-year guidance was raised: Management now expects 2026 adjusted EPS of $17.85 to $17.95, reflecting better-than-expected third-quarter performance. Strong close-in bookings and demand, along with lower costs due partly to timing, supported the improvement. Royal Caribbean Reports Third Quarter Results and Raises Guidance
• Positive Sentiment: Revenue continued to grow: Third-quarter revenue increased 8.8% year over year to $5.59 billion, indicating continued strength in cruise demand and pricing, despite being slightly below the $5.61 billion consensus estimate. Royal Caribbean Q3 Sales in Line With Estimates
• Neutral Sentiment: Fuel costs remain a risk: Higher-than-anticipated fuel expenses partly offset the earnings benefit from strong demand and cost timing. Management expects fourth-quarter adjusted EPS of $3.48 to $3.58, giving investors a near-term profitability benchmark. Royal Caribbean Earnings Are Good News for Cruise Fuel Fears

Analyst Ratings Changes

A number of brokerages have recently weighed in on RCL. BNP Paribas Exane raised their price objective on shares of Royal Caribbean Cruises from $357.00 to $392.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft upgraded shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and lifted their price target for the company from $299.00 to $330.00 in a research report on Monday, September 28th. Tigress Financial reaffirmed a “buy” rating and set a $425.00 price objective on shares of Royal Caribbean Cruises in a research note on Monday, September 28th. Bank of America upgraded Royal Caribbean Cruises from a “neutral” rating to a “buy” rating and set a $330.00 price target for the company in a report on Monday, September 28th. Finally, Citigroup reaffirmed a “buy” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 2nd. Twenty research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $350.50.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.