Schwab Network on $RCL (Oct 27, 2026)

Okay, next up, I'm looking at Royal Caribbean. What a nice move here for Royal Caribbean today. Yeah, off to the high seas for Royal Caribbean. Uh, this one beat expectations on both the top on the on the bottom line, excuse me.

Revenue came in a little bit short, but the forecast looks better than expected. So, that's why you see shares rallying big, more than 9%. It's a win that the company needed here.

They reported adjusted earnings per share of 657 here. She was looking for 638. So, clean beat there.

revenue a little short at 5.59 billion, but certainly nothing to rattle Wall Street, especially when you think about the year from here. They've raised their 2026 adjusted earnings forecast to 1785 to 1795 per share.

That's above what Wall Street was expecting here.

Um, even on the low end of that forecast, one of the concerns that's been plaguing Royal Caribbean this year has been crude oil prices. So coming into today year to date that stock was little change as you can imagine because one of their big costs that they would have to deal with similar to the airlines is fuel right and fuel prices have been a headwind whether we're talking about the cruise liners or airliners this year.

The suggestion from here is that travel demand is holding up when it comes to cruising for Royal Caribbean.

Uh the CEO Jason Liberty says that 2027 bookings pacing ahead of historical levels. So, that's a really positive sign when you think about the company and the challenges that have faced it.

Um, whether we're talking about year to date or year-over-year. So, nice nice move here that we're seeing here in Royal Caribbean. And what's interesting is the CEO talking about how travel demand has held up, right?

So, folks are concerned about gasoline prices and all this, but they're still spending on their trips.

And Royal Caribbean's higher and it's also bringing up Norwegian. Both are in the top 10 performers in the S&P 500.