Reports Q3 revenue $5.14B, consensus $5.17B. Load factor in the third quarter was 112%. “We continue to see strong momentum across our business, powered by accelerated demand, growing loyalty, and guest satisfaction that is at all-time highs. Our commercial flywheel – combining innovative ships, distinctive destinations, and world-class brands – continues to drive sustained growth and guests’ trust in our ability to deliver the best vacation experiences responsibly,” said Royal Caribbean (RCL) Group President and CEO Jason Liberty. “Looking ahead, while it’s still early in the planning process, our strong booked position gives us confidence for 2026 and beyond. With our proven formula of moderate yield growth, strong cost controls, and disciplined capital allocation, we expect 2026 earnings per share to have a $17 handle, positioning us well to achieve our 2027 Perfecta targets.”
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