Core Viewpoint - Carnival is expected to report strong fourth-quarter results, with significant earnings growth and sales increase compared to the previous year [1][2] Financial Performance - Analysts predict Carnival will report quarterly earnings of 8 cents per share, representing a 214.3% improvement year-over-year [1] - Sales are projected to increase by 10% to $5.94 billion [1] Market Position and Strategy - Carnival holds a Zacks Rank 2 (Buy), indicating strong market confidence [2] - The company benefits from strong brand recognition and effective marketing strategies [2] - Carnival is focused on fleet optimization and expansion to enhance its market position [2] Earnings Surprise and Expectations - Carnival has a trailing four-quarter average earnings surprise of 318.1%, indicating a history of exceeding earnings expectations [2] - The Zacks Earnings ESP indicator suggests another potential earnings beat for the upcoming announcement [2]

 Book with the 'Start Your Journey Sale' by Jan. 31 and also receive up to $400 per stateroom onboard spending credit SEATTLE, Dec. 19, 2024 /PRNewswire/ -- Holland America Line is cruising into the annual wave booking season with the "Start Your Journey Sale". Starting Dec. 19, 2024, travelers can take advantage of the cruise line's wave offer and receive balcony upgrades, bonus amenities, reduced deposits and exceptional savings — with cruise fares starting at just $129 per person, per day. (PRNewsfoto ...

Core Viewpoint - Carnival Corporation & plc is expected to report strong fiscal fourth-quarter results driven by robust demand, strategic cost management, and growth initiatives, with earnings per share estimated at 8 cents compared to a loss of 7 cents in the prior year [1][6][19] Financial Performance - The Zacks Consensus Estimate for fiscal fourth-quarter revenues is $5.94 billion, indicating a 10% growth from the previous year [1] - Carnival's earnings have consistently outperformed estimates, with an average surprise of 318.1% over the last four quarters [2] - The company anticipates fiscal fourth-quarter net yields to rise by 5% on a constant-currency basis compared to 2023 levels [8] Revenue Breakdown - Estimated passenger ticket revenues for the fiscal third quarter are projected to increase by 9.3% year over year to $3.8 billion, while onboard and other revenues are expected to rise by 5.3% to $1.9 billion [7] Cost Management - Cruise costs, excluding fuel, are expected to increase by 8% due to higher dry dock activity and advertising expenditures [9] - Despite cost pressures, Carnival aims to generate approximately $1.14 billion in Adjusted EBITDA for the fiscal fourth quarter, reflecting a balance between growth and financial discipline [8][19] Stock Performance - Carnival's stock has increased by 54.1% over the past six months, outperforming the industry average growth of 18.7% [10] - The company is trading at a forward 12-month price-to-earnings ratio of 14.32, below the industry average of 20.59, indicating a relatively attractive valuation [14] Strategic Initiatives - Carnival has raised its full-year yield guidance for the third time in 2024, with 99% of ticket revenue already booked, indicating strong demand trends [15] - The company is investing in next-generation ships and modernizing its fleet, with a disciplined order book that includes only three ship deliveries planned through 2028 [16][17] Long-term Outlook - Carnival's focus on high-margin yield growth, free cash flow generation, and aggressive debt reduction of $7.3 billion since 2023 positions it well for long-term success [18] - The company is expected to create significant shareholder value while maintaining its leadership in the global cruise industry [18][20]

As the new year approaches, many travelers are eager to make plans for upcoming business trips and leisure travel. The months leading to January often see a travel surge, driven by New Year's celebrations, winter holidays and the desire for winter getaways.This allows investors to capitalize on the growing demand for travel-related services. Historically, the period between the end of the holiday season and the beginning of the new year has been one of the busiest times for airlines, hotels and travel agenc ...

Wall Street analysts expect Carnival (CCL) to post quarterly earnings of $0.08 per share in its upcoming report, which indicates a year-over-year increase of 214.3%. Revenues are expected to be $5.94 billion, up 10% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 18.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings discl ...

Before investors start their calendar prep for 2025, there's one final earnings report to monitor this week. Cruise company Carnival Corp (NYSE:CCL) reports fiscal fourth-quarter earnings before the market opens on Friday, December 20. Ahead of the event, options traders have been betting bullishly. In the last two weeks, per the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), 21,547 calls have changed hands, compared to just 6,203 puts. The Decemb ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end 2024, consider joining Out Fox The Street .The cruise line sector has seen massive rebounds in business and some related stocks. Carnival Corporation (NYSE: CCL ) finally saw the stock rally off lows that were actually closer to the COVID lows vs. all-time highs, like peers. MyMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers unco ...

1-833-805-DINE Offers Round-the-Clock Access for Dining Reservations, Package Purchases and MoreFT. LAUDERDALE, Fla., Dec. 17, 2024 /PRNewswire/ -- Princess Cruises has launched the Dine Line (1-833-805-DINE), a new 24/7 service designed to make access to dining reservations aboard the Love Boat more convenient than ever. Princess Cruises Introduces 24/7 Dine Line to Expand Reservations Access and Enhance Cruise Experience Available around the clock, the Dine Line lets guests make or adjust dining reser ...

Sale Runs Through February 28, 2025FT. LAUDERDALE, Fla., Dec. 16, 2024 /PRNewswire/ -- Princess Cruises, the most iconic cruise brand in the world, today unveiled its Come Aboard Sale, offering fantastic savings on cruises across the globe. Now is the perfect time to plan a dream vacation with up to 40% off cruise fares, free room upgrades, $99 deposits, and free sailings for 3rd and 4th guests in the same stateroom.The Come Aboard Sale runs through February 28, 2025, and promises something for everyone, wi ...

Since I last wrote about the cruise stock Carnival Corporation (NYSE: CCL ) in September, its price is up by a huge 38%. This is at odds with the then Hold rating on the stock, which wasManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants , takes the theme a step fu ...