TOTAL VOLUME:
$134.2b
24H VOL:
$143,246,370
24H TRANSACTIONS:
2,403,290,006
OPEN INTEREST:
$1,452,035,386
405,032
Markets across
30,543
events
MATCHED EVENTS:
2,690
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 28, 9:30 AM EST
Polymarket
As of market creation, Royal Caribbean is estimated to release earnings on July 28, 2026. The Street consensus estimate for Royal Caribbean’s non-GAAP EPS for the relevant quarter is $3.97 as of market creation. This market will resolve to "Yes" if Royal Caribbean reports non-GAAP EPS greater than $3.97 for the relevant quarter in its next quarterly earnings release. Otherwise, it will resolve to "No." The resolution source will be the non-GAAP EPS listed in the company’s official earnings documents. If Royal Caribbean releases earnings without non-GAAP EPS, then the market will resolve according to the non-GAAP EPS figure reported by SeekingAlpha. If no such figure is published within 96h of market close (4:00:00pm ET) on the day earnings are announced, the market will resolve according to the GAAP EPS listed in the company’s official earnings documents; or, if not published there, according to the GAAP EPS provided by SeekingAlpha. If no GAAP EPS number is available from either source at that time, the market will resolve to “No.” (For the purposes of this market, GAAP EPS refers to diluted GAAP EPS, unless it is not published, in which case it refers to basic GAAP EPS.) If the company does not release earnings within 45 calendar days of the estimated earnings date, this market will resolve to “No.” Note: Subsequent restatements, corrections, or revisions made to the initially announced non-GAAP EPS figure will not qualify for resolution, except in the case of obvious and immediate mistakes (e.g., fat finger errors, as with Lyft's (LYFT) earnings release in February 2024). Note: The strike prices used in these markets are derived from SeekingAlpha estimates, and reflect the consensus of sell-side analyst estimates for non-GAAP EPS. Note: All figures will be rounded to the nearest cent using standard rounding. Note: For the purposes of this market, IFRS EPS will be treated as GAAP EPS. Note: If multiple versions of non-GAAP EPS are published, the market will resolve according to the primary headline non-GAAP EPS number, which is typically presented on a diluted basis. If diluted is not published, then basic non-GAAP EPS will qualify. Note: All figures are expressed in USD, unless otherwise indicated. Note: For primarily internationally listed companies, this market refers specifically to the shares traded in the United States on U.S. stock exchanges such as the NYSE or Nasdaq. In cases where the company trades in the U.S. through an American Depositary Receipt (ADR) or American Depositary Share (ADS), this market will refer to the ADR/ADS.
As of market creation, Royal Caribbean is estimated to release earnings on July 28, 2026. The Street consensus estimate for Royal Caribbean’s non-GAAP EPS for the relevant quarter is $3.97 as of market creation. This market will resolve to "Yes" if Royal Caribbean reports non-GAAP EPS greater than $3.97 for the relevant quarter in its next quarterly earnings release. Otherwise, it will resolve to "No." The resolution source will be the non-GAAP EPS listed in the company’s official earnings documents. If Royal Caribbean releases earnings without non-GAAP EPS, then the market will resolve according to the non-GAAP EPS figure reported by SeekingAlpha. If no such figure is published within 96h of market close (4:00:00pm ET) on the day earnings are announced, the market will resolve according to the GAAP EPS listed in the company’s official earnings documents; or, if not published there, according to the GAAP EPS provided by SeekingAlpha. If no GAAP EPS number is available from either source at that time, the market will resolve to “No.” (For the purposes of this market, GAAP EPS refers to diluted GAAP EPS, unless it is not published, in which case it refers to basic GAAP EPS.) If the company does not release earnings within 45 calendar days of the estimated earnings date, this market will resolve to “No.” Note: Subsequent restatements, corrections, or revisions made to the initially announced non-GAAP EPS figure will not qualify for resolution, except in the case of obvious and immediate mistakes (e.g., fat finger errors, as with Lyft's (LYFT) earnings release in February 2024). Note: The strike prices used in these markets are derived from SeekingAlpha estimates, and reflect the consensus of sell-side analyst estimates for non-GAAP EPS. Note: All figures will be rounded to the nearest cent using standard rounding. Note: For the purposes of this market, IFRS EPS will be treated as GAAP EPS. Note: If multiple versions of non-GAAP EPS are published, the market will resolve according to the primary headline non-GAAP EPS number, which is typically presented on a diluted basis. If diluted is not published, then basic non-GAAP EPS will qualify. Note: All figures are expressed in USD, unless otherwise indicated. Note: For primarily internationally listed companies, this market refers specifically to the shares traded in the United States on U.S. stock exchanges such as the NYSE or Nasdaq. In cases where the company trades in the U.S. through an American Depositary Receipt (ADR) or American Depositary Share (ADS), this market will refer to the ADR/ADS.
Prediction market odds reflect the aggregated expectations of thousands of traders betting real money on the outcome, whereas traditional analyst forecasts represent consensus estimates from a smaller group of financial professionals. This market often incorporates forward-looking sentiment and real-time information faster than formal analyst revisions. Comparing the two can reveal where the crowd's view diverges from Wall Street consensus—if traders are pricing a significantly higher or lower probability than analysts suggest, it may signal either market skepticism about analyst estimates or an opportunity to identify mispriced risk. Both perspectives offer valuable context for understanding Royal Caribbean's earnings prospects.
On Polymarket, this market is priced through an automated market maker that converts trader positions into real-time probability percentages. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy or sell shares representing "Yes" (RCL beats earnings) or "No" (RCL misses or meets expectations), and the price of each outcome reflects the collective conviction of all participants. As more capital flows into one side, the odds shift accordingly. This continuous pricing mechanism ensures the market remains liquid and responsive to new information, allowing you to enter or exit positions at transparent, market-determined rates throughout the trading period.
This market resolves around Jul 28, 2026, after Royal Caribbean reports its quarterly earnings and the results are verified against credible public sources. The outcome is determined by whether the company's reported earnings per share (or net income, depending on the exact resolution criteria) exceeds the consensus estimate that was in effect at the time the market was created. Once the earnings announcement is official and confirmed, the market will settle to either "Yes" or "No," and all positions will be paid out according to the final result. Traders should monitor the company's investor relations announcements for the exact reporting date.
Several catalysts could shift odds significantly before resolution. Quarterly guidance updates, changes in cruise bookings or pricing power, fuel costs, labor negotiations, and broader economic data affecting consumer discretionary spending all influence expectations for Royal Caribbean's earnings. Industry reports on cruise capacity utilization, competitor performance, and travel demand trends can also move the market. Additionally, any management commentary on cost pressures, debt levels, or capital allocation will be closely watched. Macroeconomic surprises—interest rate decisions, recession signals, or shifts in consumer confidence—may also trigger repricing as traders adjust their earnings forecasts in real time.