RCG reports Q3 results above expectations and raises full-year guidance
Adjusted EPS reached $6.57 driven by strong demand, while the company also announced a 50% stake acquisition in Sandals and Beaches Resorts to expand its vacation ecosystem.
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Global cruise and vacation company
royalcaribbeangroup.comLast updated
In short: RCG reported above-expectation quarterly results, raised guidance, and acquired 50% of Sandals Resorts.
Adjusted EPS reached $6.57 driven by strong demand, while the company also announced a 50% stake acquisition in Sandals and Beaches Resorts to expand its vacation ecosystem.
The $3 billion joint venture expands Royal Caribbean's vacation portfolio into all-inclusive resorts, expected to close in early 2027 and boost earnings.
Second-quarter earnings beat forecasts, driven by strong demand and onboard spending, prompting an increased full-year outlook.
The company raised full-year adjusted EPS guidance to $17.73-$17.87, driven by strong demand and lower costs.
Royal Caribbean Group today reported third quarter Earnings per Share ("EPS") of $6.45 and Adjusted EPS of $6.57. The company said that these results were...
Royal Caribbean Group and Sandals Resorts today announced the signing of an agreement to form a partnership in the all-inclusive resort space with a 50...
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