How Investors Are Reacting To Royal Caribbean (RCL) Earnings Beat And New US$1.25 Billion Debt Refinancing

Royal Caribbean Cruises recently reported its second-quarter 2026 results, with revenue and adjusted earnings ahead of analyst estimates, while also completing a US$1.25 billion senior unsecured notes offering at 5.550% due 2034 to refinance existing debt. Despite the solid operational performance and higher full-year EPS guidance, investors appeared cautious about the year-over-year dip in adjusted earnings and the implications of fresh long-term borrowing on the company’s balance...