Royal Caribbean Cruises lifts profit guidance following better-than-expected Q1 earnings

Royal Caribbean Cruises Ltd (NYSE:RCL) reported stronger-than-expected first quarter results and raised its full-year profit guidance, sending shares up about 7.5% on Thursday. The cruise operator now expects adjusted earnings per share for 2026 in the range of $17.10 to $17.50, up from prior guidance, citing higher fuel costs and geopolitical impacts on certain itineraries, partly offset by lower non-fuel costs and share repurchases.