Royal Caribbean raises full-year guidance after earnings beat as shares rise

Royal Caribbean raised its full-year guidance after a stronger-than-expected third quarter, Bloomberg reports. The company now expects 2026 adjusted earnings per share of $17.85 to $17.95, above analysts’ $17.82 estimate. Bloomberg says demand for European and Caribbean sailings helped counterbalance soaring fuel costs amid the Middle East conflict. Barron’s reports that the stock rose after Royal Caribbean beat Wall Street’s earnings target.