
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 July 28, 2026 for fiscal year 2026. The company guided earnings per share in the range of $17.73 - $17.87, compared to a consensus EPS estimate of $17.32. Royal Caribbean Group also guided revenue in the range of $19.55B - $19.55B for the period.
Compared to prior guidance, Royal Caribbean Group raised its EPS outlook from a previous range of $17.1 - $17.5. On the revenue side, the company maintained its revenue forecast from a prior range of $19.73B - $19.73B.
Royal Caribbean Group has issued 32 guidance updates between November 3, 2022 and July 28, 2026. During this period, the company raised its outlook 17 times and lowered it 13 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $3.93 | $3.20 | $2.80 | $5.68 |
| Actual | $4.21 | $3.60 | $2.80 | $5.75 |
| Surprise | +7.12% | +12.5% | 0.00% | +1.23% |
| Revenue | ||||
| Estimate | $4.82B | $4.47B | $4.27B | $5.17B |
| Actual | $4.83B | $4.45B | $4.26B | $5.14B |
| Surprise | +0.26% | -0.41% | -0.31% | -0.50% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $6.38 | $3.65 | $3.74 | $4.91 |
| Revenue | ||||
| Consensus | $5.61B | $4.69B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| 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 % |
| Q3 | Oct 28, 2025 | $5.75 | $5.68 | 1.23 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| 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 % |
| Q3 | Oct 28, 2025 | $5.14B | $5.17B | -0.50 % |