Royal Caribbean Cruises Ltd. · RCL · Next earnings

Royal Caribbean Cruises Ltd. reports Thursday, Feb 4, 2027

RCL reports before market open with consensus EPS at $3.59 and revenue at $4.67B. Last quarter: RCL raises EPS outlook as bookings accelerate and resorts broaden growth

Reports Before market open91 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $3.59 Calendar consensus
Consensus revenue $4.67B Calendar consensus
Report date Feb 4, 2027 Thursday, date estimated
Session Before market open 91 days away

Where RCL left off: FY2026 Q3

Full report

RCL raises EPS outlook as bookings accelerate and resorts broaden growth

EPS surprise +3.0% Reported $6.57 vs $6.38
Revenue surprise -0.3% Reported $5.59B vs $5.61B
Stock move +5.5% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised full-year adjusted EPS guidance to $17.85-$17.95 after Q3 performance beat expectations; the prior quarter had also included a guidance increase.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Sandals and Beaches integration and closing execution.
  • Capacity expansion may pressure yields if demand or pricing weakens.
  • Fuel prices, currency moves and geopolitical events could affect results.
  • Competition across cruise and land-based vacation markets.

Questions analysts left open

  • Timing and financial impact of the Sandals and Beaches closing.
  • Visibility into 2027 yield and cost guidance remains limited.
  • Capacity growth could pressure yields, particularly in the Caribbean.
  • Integration, fuel, currency and geopolitical risks remain relevant.

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Recent RCL quarters

All RCL earnings
+5.5%FY2026 Q3+5.7%FY2026 Q2+3.8%FY2026 Q1+18.6%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.