Financial Performance - Record first quarter revenues of $5.8 billion, up over $400 million compared to the prior year[6] - Record first quarter operating income of $543 million, nearly double the prior year[6] - Revenues for the three months ended February 28, 2025, were $5,810 million, an increase from $5,406 million in the same period of 2024, representing a growth of 7.5%[32] - Adjusted net income for the three months ended February 28, 2025, was $174 million, compared to an adjusted net loss of $180 million in the same period of 2024[40] - Adjusted EBITDA for the three months ended February 28, 2025, was $1,205 million, up from $871 million in the same period of 2024, indicating a significant improvement in operational performance[40] - Adjusted gross margin for the same period was $4,359 million, compared to $4,033 million in 2024, reflecting an increase of 8.1%[43] - Total revenues for the three months ended February 28, 2025, were $5,810 million, an increase from $5,406 million in 2024, representing a growth of 7.5%[43] Customer Metrics - Total customer deposits reached a first quarter record of $7.3 billion, reflecting continued growth in ticket prices and pre-cruise onboard sales[7] - Customer deposits increased to $6,853 million as of February 28, 2025, compared to $6,425 million as of November 30, 2024, indicating growing customer interest[34] - The occupancy percentage for the three months ended February 28, 2025, was 103%, slightly higher than 102% in the same period of 2024, reflecting strong demand for cruise services[37] Future Guidance - Adjusted net income guidance for 2025 expected to be up over 30 percent compared to 2024, better than December guidance by $185 million[6] - Adjusted EBITDA of approximately $6.7 billion expected for full year 2025, up nearly 10 percent compared to 2024[14] - Booking volumes for 2026 sailings and beyond reached an all-time high at higher prices in constant currency[9] - Adjusted return on invested capital (ROIC) expected to reach approximately 12 percent, achieving 2026 SEA Change targets one year in advance[14] Debt and Capital Expenditures - The company successfully refinanced $5.5 billion of debt, delivering $145 million in annualized interest savings[12] - The company plans newbuild capital expenditures of $1.0 billion and non-newbuild capital expenditures of $1.9 billion for the remainder of 2025[20] - The company’s total debt (current and long-term) was $27,018 million as of February 28, 2025, down from $27,475 million as of November 30, 2024[36] Cost Metrics - The average fuel cost per metric ton consumed (excluding EUA) decreased to $643 in the three months ended February 28, 2025, from $686 in the same period of 2024[37] - Net yields per ALBD were $184.95, a 5.5% decrease from $188.20 in 2024[43] - Cruise costs per ALBD were $194.99, showing a slight decrease of 0.3% from $195.60 in 2024[45] - Adjusted cruise costs excluding fuel per ALBD were $113.76, a decrease of 0.3% compared to $115.24 in the previous year[45] Non-GAAP Measures - The company utilizes non-GAAP financial measures to assess performance, including adjusted net income and adjusted earnings per share, which exclude certain non-core expenses[46] - Future forecasts for non-GAAP financial measures are not reconciled to U.S. GAAP due to the unpredictability of certain variables like foreign exchange rates and fuel prices[54] - The company operates under constant currency reporting to mitigate the impact of foreign exchange fluctuations on financial results[56]

MIAMI, March 21, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the first quarter 2025 and provided an updated outlook for the full year and an outlook for the second quarter 2025. Record first quarter revenues of $5.8 billion, up over $400 million compared to the prior year. Record net yields1 significantly outperformed December guidance due to strong close in demand and continued strength in onboard revenue. Record first quarter operating income ...

Carnival Corporation CCL will release its first-quarter financial results, before the opening bell, on Friday, March 21.Analysts expect the Miami, Florida-based company to report quarterly earnings at 2 cents per share, versus a year-ago loss of 14 cents per share. Carnival projects quarterly revenue of $5.74 billion, compared to $5.41 billion a year earlier, according to data from Benzinga Pro.On Feb. 28, Carnival announced the closing of $1.0 billion 5.750% senior unsecured notes offering for refinancing ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Carnival (CCL) . This company, which is in the Zacks Leisure and Recreation Services industry, shows potential for another earnings beat.When looking at the last two reports, this cruise operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 41.77%, on average, in the last t ...

This time last year, I initiated my coverage on Carnival Corporation & plc (NYSE: CCL ) with a buy rating in light of the outstanding recovery of the cruise industry. The company has leveraged this industry recoveryAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allows me to bring thorough ...

嘉年华邮轮公司预计第一季度将扭亏为盈，展现邮轮行业韧性。公司将在周五开市前公布其第一季度财 报。 尽管达美航空等公司下调了业绩预期，显示消费者旅行支出趋于谨慎，但邮轮需求目前依然强劲。德意 志银行分析师认为，即使需求下降，也不太可能影响嘉年华第一季度的收益，因为旅客通常会提前9个 月预订邮轮。 尽管过去一个月嘉年华股价下跌了20%，反映出投资者对旅游行业的信心下降，但摩根大通分析师认 为，挪威邮轮和皇家加勒比等邮轮公司表示，由于高收入客户继续预订行程，目前尚未发现需求出现明 显变化。 校对：廖胜超 市场预期，公司营收预计达到57.5亿美元，高于上一季度的54.1亿美元。净利润预计每股收益为2美分， 扭转了去年同期每股亏损17美分的局面。调整后每股收益预计为2美分，高于去年同期的每股亏损14美 分。 ...

Carnival Corporation & plc (CCL) is scheduled to release first-quarter fiscal 2025 results on Friday. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 75%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.CCL’s Q1 Estimate RevisionsThe Zacks Consensus Estimate for Carnival’s first-quarter fiscal 2025 earnings per share is pegged at 2 cents, suggesting 114.3% year-over-year growth. The consensus mark has been unchanged over the past 60 days ...

VALENCIA, Calif., March 18, 2025 /PRNewswire/ -- Cunard, the world's most iconic luxury cruise line, has proudly unveiled a new-look Queen Elizabeth ahead of her debut season sailing from Miami and her inaugural Alaska voyages from Seattle.  The luxurious 2,000-guest ship completed a transformative three-week makeover at Seatrium's Admiralty Yard in Singapore on Friday (March 14.) The luxurious 2,000-guest ship completed a transformative refit* in Singapore Queen Elizabeth's debut Alaska season from Sea ...

Core Insights - Cheniere Energy has achieved substantial completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project, marking a significant milestone in meeting global LNG demand [1][3][12] - The successful commissioning of Train 1 allows Cheniere to begin recording financial results from LNG sales, reinforcing its position in the industry [2][8] Project Significance - The completion of Train 1 is a major landmark for the Corpus Christi LNG export facility, completed ahead of schedule and within budget, demonstrating efficient project management [3][7] - With Train 1 operational, Cheniere is closer to increasing its export capacity, contributing to global energy security [3][9] Project Timeline and Details - The project timeline began with a full notice to proceed issued to Bechtel in June 2022, with first LNG production achieved in December 2024 and the first cargo loaded in February 2025 [5] - As of January 31, 2025, overall completion of CCL Stage 3 was 78.3%, with engineering and procurement work nearly complete at 97.6% and 97.2% respectively [7] Capacity and Market Impact - CCL Stage 3 consists of seven midscale liquefaction trains expected to produce over 10 million tons per annum (mtpa) of LNG, increasing the facility's total output to exceed 25 mtpa upon completion [6][8] - The expansion will significantly impact global LNG supply, enhancing Cheniere's position in the international natural gas market [8][9] Strategic Growth and Long-Term Value - Cheniere's growth strategy at the Corpus Christi site emphasizes sustainable expansion, minimizing risks while enhancing operational efficiency [11][12] - The commissioning of Train 1 reflects Cheniere's commitment to safety, efficiency, and operational excellence, positioning the company for long-term growth [12][14] Future Outlook - With Train 1's completion, Cheniere is poised to strengthen its dominance in the global LNG market, meeting the needs of major energy consumers [13] - The ongoing development of CCL Stage 3 showcases Cheniere's ability to execute large-scale energy projects, ensuring its leadership in the LNG industry [14]

The leading cruise line will need to come through with a strong financial update this week to reverse this year's slide.Last year was great for investors in cruise line stocks, but the water has been a little more choppy in 2025. Shares of Carnival (CCL 5.02%) (CUK 4.41%), the world's largest cruise line operator by revenue, have declined 16% so far this year. Smaller rival Norwegian Cruise Line (NCLH 4.35%) has fared even worse, with a 22% slide in 2025. Market cap leader Royal Caribbean (RCL 3.60%), meanw ...