Royal Caribbean logs its best seven booking weeks ever, with two-thirds of 2026 capacity booked at record prices, signaling durable cruise demand.
Royal Caribbean (RCL), a global cruise vacation operator, rose sharply on substantial volume following its Q4 earnings report. The key factor was not only the reported figures but also a noteworthy increase in guidance, propelled by outstanding initial results from its new high-margin private destination, the Royal Beach Club Paradise Island, which launched in late December 2025.
Royal Caribbean Cruises Ltd. posted strong growth in Q4 2025, but shares are now fairly valued, warranting a 'hold' rating. RCL's capacity expansion and innovative offerings, including new ships and river cruises, support continued revenue and profit growth through 2029. Despite missing some analyst estimates, RCL's profitability and net leverage (2.92x) remain superior to peers, justifying its premium valuation.
Royal Caribbean Cruises Ltd. (RCL) Q4 2025 Earnings Call Transcript
RCL's shares have jumped premarket despite a Q4 earnings miss as strong 2026 guidance, record bookings and double-digit growth outlook fueled optimism.
While the top- and bottom-line numbers for Royal Caribbean (RCL) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Royal Caribbean (RCL) came out with quarterly earnings of $2.8 per share, missing the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $1.63 per share a year ago.
Royal Caribbean's stock rallied toward a three-month high after the cruise operator's full-year profit and revenue outlooks were above Wall Street forecasts.
Royal Caribbean reported higher fourth-quarter profit and revenue as customers continued to spend more for onboard services.
RCL heads into Q4 results with EPS seen up 72%, revenue growth expected, and capacity, yields and onboard spending in focus ahead of Jan. 29 report.
Besides Wall Street's top-and-bottom-line estimates for Royal Caribbean (RCL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.
Royal Caribbean (RCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.