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

Carnival cleared Q3 views and lifted its guidance as bookings pick up. But shares fell from near a buy point while rivals also trade around buy zones.

Carnival Stock Retreats After Earnings Beat, Raised Guidance

Crown Hlds

MIAMI , Sept. 30, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook for fourth quarter 2024.

CARNIVAL CORPORATION & PLC REPORTS RECORD-SETTING OPERATING RESULTS, OUTPERFORMS THIRD QUARTER GUIDANCE AND RAISES FULL YEAR 2024 GUIDANCE FOR THE THIRD TIME

Carnival will report results for its seasonally potent fiscal third quarter on Monday morning. A pair of analysts raised their price targets last week, anticipating a strong financial update.

Can Carnival Stock Cruise Higher Next Week?

Acuity Brands

NIKE

Nike and Conagra headline the latest earnings calendar, along with cruise line operator Carnival, which isn't far from a 52-week high.

Carnival Cruises Into Earnings Near Buy Point; Nike, Acuity Brands Also Set To Report

CCL's fiscal third-quarter performance is likely to have benefited from robust booking trends, fleet optimization, and strategic expansions.

Carnival Pre-Q3 Earnings Analysis: Should You Buy, Sell or Hold?

Pfizer

Teledyne Technologies

Zoetis

Four S&P 500 laggards of this year have double-digit upside left for the rest of 2024. These are: CCL, PFE, ZTS, TDY.

Buy These 4 S&P 500 Year-to-Date Laggards With Solid Near-Term Upside

Carnival PLC (LSE:CCL) third quarter update on Monday (31 Sep) comes on the back of a record second quarter with revenue up 18% helped by higher ticket sales and an uplift in onboard spending. So far, worries over consumer spending have yet to show through into demand for cruises and an ageing population should prove a buffer, but with expectations high there is little room for error especially with Carnival's problematic balance sheet.

Can Carnival continue to cruise smoothly?

Constellation Brands

Tilray Brands

American stocks performed great this week, thanks to the recent decision by the Federal Reserve to cut interest rates and the robust stimulus provided by Chinese authorities. The Dow Jones rose for three consecutive weeks, reaching a record high of $42,310.

Stocks to watch next week: Tilray, Nike, Carnival, Constellation Brands

Carnival Corporation CCL will release earnings results for its third quarter, before the opening bell on Monday, Sept. 30.

Carnival Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Stifel Financial sees more upside for Carnival heading into 2025. The cruise leader is coming off a record quarter across all key metrics.

Is Carnival Stock Going to $27? One Wall Street Analyst Thinks So.

CCL benefits from strong booking momentum for 2024 and 2025, with record volumes and higher pricing driven by favorable demand trends.

Is Carnival Stock a Buy, Sell or Retain at a 12.1x P/E?

The mean of analysts' price targets for Carnival (CCL) points to a 25% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Carnival (CCL) Could Rally 25%: Here's is How to Trade

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Carnival (CCL) Is Considered a Good Investment by Brokers: Is That True?

Beyond analysts' top -and-bottom-line estimates for Carnival (CCL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended August 2024.

Unveiling Carnival (CCL) Q3 Outlook: Wall Street Estimates for Key Metrics

Carnival Corporation's better-than-expected Q2 2024 results and upgraded full-year guidance resulted in a share price rally in recent months. Its upcoming results for Q3 2024 are expected to see a big earnings upside and margin expansion, even as revenue growth is seen softening compared to Q2 2024. Carnival's forward P/E ratio remains unconvincing for a buy, however, though further forecast upgrades can change that.

Carnival Corporation: Earnings Jump Seen In Q3 2024, But It's Priced In

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Carnival (CCL) a Great Value Stock Right Now?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Carnival (CCL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Carnival (CCL) Shows Fast-paced Momentum But Is Still a Bargain Stock

Carnival reported its best-booked position ever heading into the second half of fiscal 2024. It's making strides in paying down its debt.

Is Carnival Stock Too Risky?

Verizon

Lower interest rates can make dividend stocks such as Pfizer and Verizon more attractive investment options. Falling rates can reduce companies' interest expenses, which can help Carnival better manage its high debt load.

3 Ultra-Cheap Stocks That Could Get a Boost From Fed Rate Cuts

In the latest trading session, Carnival (CCL) closed at $18.97, marking a -0.16% move from the previous day.

Carnival (CCL) Stock Sinks As Market Gains: Here's Why

Carnival (CCL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Carnival (CCL) Earnings Expected to Grow: Should You Buy?

CCL is likely to continue reporting robust performance metrics ahead, thanks to the raised FY2024 guidance and promising FY2025 commentary. The same has been observed in its travel/cruising peers and the Cruise Lines International Association, with the ocean-going cruise passengers to grow at a CAGR of +5.59% through 2028. Thanks to the 50 basis point rate cut, a lower borrowing cost is likely to trigger the improvement in market and consumer sentiments/ spending trends.

Carnival Corporation: Robust Performance Metrics And Promising Industry Tailwinds, Initiate Buy

SkyWest

Stocks can be attractive even if they're not tech stocks.

2 Under-the-Radar Growth Stocks That Could Soar by 20% According to Wall Street Analysts

Home Depot

Upstart Holdings

Home Depot will benefit from a housing recovery. Carnival will reduce its interest expense.

Interest Rates Are Coming Down. 3 Top Stocks to Buy Right Now.

Cruise stocks present a compelling risk-reward balance, with strong demand and potential interest rate cuts enhancing margins, especially for debt-laden operators like Carnival Corp. CCL's Q3 earnings are expected to show significant growth, driven by robust demand and a strategic focus on margin expansion, justifying an upgrade to a Buy rating. The Company's valuation suggests an 8% sales CAGR and a 16% adj. EBITDA CAGR through CY26, implying a 17-18% upside despite high interest expenses.

News for Carnival Stock (CCL)