Royal Caribbean Raises Full-Year Guidance. Here’s What Investors Need to Know.

Royal Caribbean raised its full-year adjusted EPS guidance to $17.73-$17.87 (up from $17.10-$17.50) despite lowering revenue guidance to 9% growth. The cruise operator delivered strong Q2 results with 110% occupancy and beat earnings expectations at $4.21 EPS, though geopolitical tensions and higher fuel costs pressured margins. The company remains on track for its Perfecta program targeting 20% earnings CAGR through 2027.