Revenue segments as reported by the company.

Passenger ticket

Onboard and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling and administrative

Depreciation and amortization

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe and Asia (EA) Cruise Operations segment consists of AIDA, Costa, Cunard, and P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Carnival beats Q1 expectations, eyes growth amid challenges

Carnival (CCL) outperformed in Q1, with strong financial performance and positive outlook for the year
Strategies in place to address challenges, capitalize on strengths, and leverage opportunities for growth
Focus on improving operational efficiency, reducing debt, and enhancing customer experience to drive long-term success
Continued investment in marketing, fleet optimization, and cost management to drive profitability and cash flow

Carnival surpasses 2019 levels, raises guidance amidst industry recovery

Carnival (CCL) delivered strong financial performance in Q2 2023, exceeding 2019 levels and raising guidance for the year.
Strategic initiatives like the SEA Change Program and portfolio optimization are driving sustainability and revenue growth.
While facing challenges like inflationary pressures, the company is well-positioned to capitalize on opportunities in the cruise industry.
With a focus on financial stability, brand strategies, and customer value, Carnival is navigating challenges to drive growth and value creation.

Carnival surpasses Q3 expectations, eyes debt reduction and revenue growth

Carnival's Q3 2023 performance exceeded expectations, with strong financial results and optimistic outlook for 2023 and 2024, driven by robust bookings and revenue growth.
While facing challenges like emissions taxes and debt reduction, the company's focus on operational improvements and market opportunities bodes well for future success.
With a strategic focus on debt reduction, revenue optimization, and customer experience enhancements, Carnival is poised for sustainable growth and financial stability.

Carnival (CCL) reports record Q4 performance and plans brand expansion

Carnival (CCL) delivered strong financial performance in Q4 2023, with record revenues and bookings.
Debt reduction efforts and high liquidity position the company well for future growth and investment.
Challenges include pricing gaps and geopolitical pressures, requiring a focus on safety and cost management.
Opportunities lie in market capture campaigns, onboard revenue growth, and strategic brand expansion plans.

Carnival surpasses Q1 expectations, focuses on sustainable growth and debt reduction

Carnival's Q1 2024 performance exceeded expectations, with strong bookings and yield growth. The company is focused on sustainable revenue growth, debt reduction, and maximizing onboard spending. Opportunities exist in attracting new customers and leveraging investments for pricing power.

Carnival Surpasses Q2 Expectations, Raises Outlook

Carnival Corporation's Q2 2024 earnings highlighted exceptional financial and operational performance with record-breaking metrics in revenues, bookings, and customer deposits. Strategic portfolio management and technological enhancements are set to bolster future growth. The company's focus on refinancing and deleveraging is aimed at sustaining strong free cash flow and improving leverage metrics.

Carnival (CCL) surpasses Q3 expectations, eyes record 2026 performance

Carnival's Q3 2024 performance exceeded expectations, setting a strong base for 2025 and a record start to 2026.
The company is focused on improving financial metrics, attracting new guests, and driving demand growth through marketing efforts.
While challenges like debt reduction persist, Carnival has opportunities to optimize strategic decisions and capitalize on its strong performance.

Carnival (CCL) achieves record revenues in 2024, eyes sustained growth

Carnival's strong performance in 2024 showcases record revenues and improved net income, driven by robust demand and effective yield management. The company is focused on sustainability, debt reduction, and enhancing its destination strategy. Challenges include potential regulatory impacts and cost increases, with opportunities lying in sustained demand and brand investments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Norwegian Cruise Line

Royal Caribbean Cruises

The cruise giant is among the S&P 500's worst performers of the day.

Carnival Shares Fall, Drag Down Royal Caribbean, Norwegian

Tesla

Carnival topped quarterly views, but CCL stock was the S&P 500's biggest loser. Tesla stock was close behind.

S&P 500: Carnival, Tesla Headline Big-Cap Losers Monday

Carnival shares sank on Monday after the company's current quarter profit outlook missed expectations as costs climbed.

Carnival Shares Plunge After Outlook Misses Expectations as Costs Rise

Carnival Corp (NYSE: CCL) is down close to 10% on Monday even though it reported market-beating results for the second financial quarter. Why is Carnival stock down today?

Carnival CEO says ‘sky is the limit' after Q2 results

Carnival Corporation & plc (NYSE:CCL ) Q2 2023 Earnings Conference Call June 26, 2023 10:00 AM ET Company Participants Josh Weinstein - President and Chief Executive Officer and Chief Climate Officer David Bernstein - Chief Financial Officer Beth Roberts - Senior Vice President, Investor Relations Conference Call Participants Robin Farley - UBS Steve Wieczynski - Stifel James Hardiman - Citi Fred Wightman - Wolfe Research Jamie Katz - Morningstar Matthew Boss - JP Morgan Patrick Scholes - Truist Securities Dan Politzer - Wells Fargo Josh Weinstein Good morning. This is Josh Weinstein.

Carnival Corporation & plc (CCL) Q2 2023 Earnings Call Transcript

Though setting sail on a cruise often represents an excellent bang for the buck, investors felt otherwise, sending shares of Carnival (NYSE: CCL ) downward Monday. Although the company posted an earnings beat for its fiscal second quarter, it continues to lose money (though losses have been mitigated since the Covid-19 pandemic).

Why Are Cruise Stocks CCL, NCLH, RCL Down Today?

Carnival Corporation failed to earn a profit in Q2 but lost less money than expected. Q2 sales set a new quarterly record for the cruise stock.

Why Carnival Corporation Stock Sank 11% Today

Carnival's (CCL) second-quarter fiscal 2023 top line benefits from favorable pricing trends, solid onboard spending levels and capacity generation initiatives.

Carnival (CCL) Q2 Earnings & Revenues Top Estimates, Rise Y/Y

Carnival (CCL) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $1.64 per share a year ago.

Carnival (CCL) Reports Q2 Loss, Tops Revenue Estimates

While the top- and bottom-line numbers for Carnival (CCL) give a sense of how the business performed in the quarter ended May 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Carnival (CCL) Q2 Earnings: A Look at Key Metrics

Carnival Corporation NYSE: CCL reported its second quarter 2023 earnings results at the market opening on Monday morning. Despite posting what seems to be optimistic financials and further expansion in the business drivers, the stock price action is reacting negatively, as it is reacting with an alarming 7.0% decline on the heels of the market opening.

Carnival Stock Down Despite Accelerating Demand, Earnings Beat

Carnival stock dove early Monday despite beating earnings forecasts. The cruise giant sets sights on returning to profitability this year.

Carnival Stock Sinks Despite Earnings Beat; When Does The Cruise Giant Expect To See A Profit?

The company posted a narrower-than-expected loss for its second quarter, beating Wall Street estimates.

Carnival Stock Tanks Despite Record Cruise Bookings

Carnival posted better-than-expected second-quarter earnings while bookings made during the quarter for future sailings hit an all-time record. Josh Weinstein, chief executive said revenue had also hit a meaningful inflection point in the quarter with net yields surpassing 2019's strong levels and “positive operating income, cash from operations and adjusted free cash flow.

Carnival ups guidance as sales and bookings hit record levels

Carnival Corp. CCL, -9.11% reported fiscal second-quarter results that beat expectations and provided an upbeat outlook, but the cruise operator's shares dropped 8.6% in morning trading Monday after being headed for the biggest monthly gain in more than two years. Net losses for the quarter to May 31 narrowed to $407 million, or 32 cents a share, from $1.83 billion, or $1.61 a share, in the year-ago period.

Carnival results beat expectations as demand keeps accelerating, but stock pulls back

MIAMI , June 26, 2023 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reports second quarter 2023 earnings and sets sights on 2026 SEA Change Program. U.S. GAAP net loss of $407 million, or $(0.32) diluted EPS, and adjusted net loss of $395 million, or $(0.31) adjusted EPS, above the better end of the March guidance range of $425 to $525 million net loss for the second quarter of 2023 (see "Non-GAAP Financial Measures" below).

CARNIVAL CORPORATION & PLC REPORTS SECOND QUARTER 2023 EARNINGS AND SETS SIGHTS ON 2026 SEA CHANGE PROGRAM

Carnival (LON: CCL) share price has made a steady recovery this year as demand for cruise coincided with lower energy costs. The stock soared to a high of 1,141p on Friday, the highest level since May last year.

Analysts are upbeat on Carnival share price ahead of earnings

Roku

Teladoc

Walgreens

Despite the rebounding market, Carnival Cruise Lines' high debt and ongoing losses undermine its long-term investment value. Walgreens' pivot towards primary care comes with stiff competition from giants like CVS Health, Walmart, and Amazon.

2 Stocks to Avoid Next Week, and 2 to Consider Instead

Anheuser-Busch InBev

Micron Technology

NIKE

Constellation Brands

A stock market pullback gives investors a chance to reassess as the second quarter rolls to a close. Earnings from Nike and Carnival are due.

Stock Market Action Plan: Nike, Micron, Carnival Earnings And The Bud Light Beer Wars

ZIM Integrated Shipping Services

ZIM and Carnival each operate ships, but one moves people and the other moves things.

Best Stock to Buy: ZIM vs. Carnival

The cruise industry rides on pent up demand, fleet-expansion efforts and digital performance marketing strategies. CCL, RCL and NCLH have gained in the past year.

Cruise Industry Riding on High Demand: 3 Stocks to Benefit

Carnival (LSE:CCL, NYSE:CCL), the cruise company, will dock in with second-quarter numbers on Monday with its shares floating near one-year highs as it enjoyed its highest ever level of booking volumes amid a long-awaited rebound from its pandemic nightmare. March's record first-quarter figures revealed revenues up 173% year-on year to US$4.7bn, at 95% of 2019 levels, with a net loss of US$693mln better than its December guidance.

Carnival debt cutting key in Monday's half-year update

Carnival Corporation reports FQ2'23 earnings on June 26. The consensus estimates are for the cruise line to report another large loss for the May quarter due to ongoing high-interest expenses. CCL stock still has upside, but Carnival is no longer the favorite in the sector after the big rally.

Carnival Stock: All Eyes On Cash Flows

Booking volumes are at the highest levels in history. Decisions made during the pandemic will probably affect the stock for many years.

Why Carnival Stock Could Remain Seasick, Even as Its Business Sails in Smoother Waters

Carnival impressed investors with first-quarter results that exceeded expectations. It's now very close to prepandemic sales and posting record bookings.

News for Carnival Stock (CCL)