Key Takeaways In its Q3 report, Carnival surprised on earnings for the 12th consecutive quarter.Carnival raised FY2025 guidance and analysts raised earnings estimates. Carnival shares are cheap with a forward price-to-earnings ratio of just 13.7. Carnival Corp. & plc (CCL) recently posted another record quarter. People are still cruising. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by 47.9% this year.Carnival is the largest global cruise company. It’s brands include Carnival Cruise Line, AI ...

Core Viewpoint - Carnival Corp. reported strong revenue and earnings for Q3 2025, but the stock experienced a decline post-earnings, raising questions about the market's reaction [1][2][3]. Financial Performance - For Q3 2025, Carnival reported revenue of $8.2 billion, a 3.8% increase from $7.9 billion in Q3 2024, and earnings per share (EPS) of $1.33, up 5.6% from $1.26 [3]. - Consolidated revenue for the quarter was $8.15 billion, exceeding sell-side forecasts of $8.1 billion [3]. Guidance and Future Outlook - The company provided strong guidance updates, indicating robust cruise bookings for 2026 and raising its fiscal year 2025 earnings guidance from $1.97 to $2.14 per share [4]. - Despite the positive outlook, shares fell post-earnings, suggesting investor skepticism or reaction to other factors [4][5]. Debt Offering Context - On the same day as the earnings release, Carnival announced a $1.26 billion debt offering, which initially seemed to trigger the stock's decline [6]. - However, the debt offering is intended to refinance existing higher-yield debt, suggesting a strategic move to lower interest expenses rather than increasing leverage [7][8]. Market Comparison - Carnival's stock trades at a forward P/E ratio of 12, significantly lower than competitor Royal Caribbean's ratio of around 17, indicating potential for valuation improvement [11]. - The reinstatement of dividends by Royal Caribbean contrasts with Carnival's current status, but as Carnival pays down debt, it may also reinstate dividends, enhancing its attractiveness [11][12].

Here’s why we believe Carnival (CCL) stock warrants attention as a value stock. It is presently trading almost 11% lower than its 1-year peak and is also priced at a PS multiple below the average of the last 3 years. Nonetheless, it maintains reasonable fundamentals for its current valuation level.Reasonable Revenue Growth: 7.1% LTM and 45.9% last 3-year average.Cash Generative: Approximately 11.1% free cash flow margin and 16.4% operating margin LTM.No Major Margin Shocks: Carnival has managed to avoid any ...

Key Takeaways U.S. markets extended gains in 2025, hitting new highs amid rate-cut hopes and AI-driven optimism. Five momentum picks for October, namely ADI, CCL, WDC, DOCU and WDAY with solid earnings outlooks.Each stock shows improving earnings estimates and growth potential across AI, travel and data center space.U.S. stock markets have continued their northward journey in 2025 following an impressive rally over the previous two years. In August, all three major stock indexes — the Dow, the S&P 500 and t ...

Key Takeaways Carnival reduced secured debt by $2.5B, refinanced $11B and prepaid $1B in Q3.CCL ended Q3 FY25 with a net debt-to-EBITDA ratio of 3.6x and is targeting below 3x by 2026.With fewer ship deliveries, Carnival eyes a stronger cash flow and a dividend return once leverage stabilizes.Carnival Corporation & plc (CCL) is steering its financial ship toward calmer waters. After years of pandemic-driven leverage, the cruise leader is now executing one of the sector’s most aggressive deleveraging program ...

The cruise ship company recently delivered strong results, yet again.One of the hottest growth stocks to own over the past year has been that of Carnival Corporation (CCL 0.70%). The cruise ship operator has been soaring in value and while it has dipped after reaching new 52-week highs, it's still up more than 50% in the past 12 months.The company recently posted a fresh batch of record-breaking numbers, as demand for cruises remains robust. But with the stock taking off as of late and now trading at levels ...

Carnival (CCL) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ea ...

Key Takeaways Carnival posted record fiscal Q3 bookings, with nearly half of 2026 sailings already sold at higher prices.Customer deposits hit a record $7.1B, driving higher guidance for 2025 amid strong global demand.The new Celebration Key destination boosts pricing power and enhances Carnival's brand momentum.Carnival Corporation & plc (CCL) reported record-breaking booking volumes in the third quarter of fiscal 2025, underscoring strong consumer appetite for cruising and reinforcing its improving pricin ...

Key Points Carnival's strong financial results in recent years have lifted its share price well ahead of the overall market. The company posted record revenue in Q3, with record customer deposits. Management is focused on improving the company’s balance sheet. 10 stocks we like better than Carnival Corp. › It wasn't long ago that Carnival (NYSE: CCL) investors had every reason to be pessimistic. The company was trying to navigate the effects of the COVID-19 pandemic, which halted its operations. D ...

The world's largest cruise company has a long growth runway.Is Carnival (CCL -1.44%) (CUK -1.72%) stock's run finally over? The cruise industry leader has made an incredible comeback after falling off a cliff when the pandemic started. It's back to business and its usual, sales-generating self, with sky-high demand and record operating profits.The stock price has matched its ascent, and Carnival stock is up 270% over the past three years. It has required a good amount of confidence from investors to stay wi ...