Royal Caribbean surprises investors with a stronger-than-expected Q2 earnings report, beating estimates and raising its full-year profit forecast—despite dialing back revenue growth to 9% amid geopolitical headwinds. Bookings remain robust, with record prices and volumes, and 2027 bookings already outpacing historical trends—even on routes hit by global tensions. After trimming forecasts earlier this year due to fuel costs and disruptions, the company is seeing strong rebound in affected itineraries. Third-quarter earnings are projected at $6.26–$6.36 per share, with 8% revenue growth expected.
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