
Royal Caribbean Group (RCL) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Royal Caribbean Group (RCL) last issued guidance on October 27, 2026 for Q4 2026. The company guided earnings per share in the range of $3.48 - $3.58, compared to a consensus EPS estimate of $3.65.
Compared to prior guidance, Royal Caribbean Group lowered its EPS outlook from a previous range of $17.85 - $17.95.
Royal Caribbean Group has issued 34 guidance updates between November 3, 2022 and October 27, 2026. During this period, the company raised its outlook 17 times and lowered it 14 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $6.38 | $3.93 | $3.20 | $2.80 |
| Actual | $6.57 | $4.21 | $3.60 | $2.80 |
| Surprise | +2.98% | +7.12% | +12.5% | 0.00% |
| Revenue | ||||
| Estimate | $5.61B | $4.82B | $4.47B | $4.27B |
| Actual | $5.59B | $4.83B | $4.45B | $4.26B |
| Surprise | -0.27% | +0.26% | -0.41% | -0.31% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $3.57 | $3.81 | $4.85 | $7.13 |
| Revenue | ||||
| Consensus | $4.66B | $4.71B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 27, 2026 | $6.57 | $6.38 | 2.98 % |
| Q2 | Jul 28, 2026 | $4.21 | $3.93 | 7.12 % |
| Q1 | Apr 30, 2026 | $3.60 | $3.20 | 12.5 % |
| Q4 | Jan 29, 2026 | $2.80 | $2.80 | 0.00 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 27, 2026 | $5.59B | $5.61B | -0.27 % |
| Q2 | Jul 28, 2026 | $4.83B | $4.82B | 0.26 % |
| Q1 | Apr 30, 2026 | $4.45B | $4.47B | -0.41 % |
| Q4 | Jan 29, 2026 | $4.26B | $4.27B | -0.31 % |