Investors interested in Leisure and Recreation Services stocks are likely familiar with Carnival (CCL) and Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and ...

Carnival Co. & Today CCL Carnival Co. & $20.92 -0.34 (-1.61%) 52-Week Range $13.78 ▼ $28.72 P/E Ratio 15.05 Price Target $26.94 Add to Watchlist Carnival Co. & Stock Forecast Today 12-Month Stock Price Forecast: $26.94 28.81% Upside Moderate Buy Based on 19 Analyst Ratings Current Price $20.92 High Forecast $33.00 Average Forecast $26.94 Low Forecast $19.00 Carnival Co. & Stock Forecast Details Carnival had a solid FQ1, with revenue growing 7.4% to $5.81 billion to beat MarketBeat's reported consensus by $7 ...

Carnival (CCL -0.86%) has a unique opportunity to boost profits and reduce risk, which I discuss in this video.*Stock prices used were the afternoon prices of March 21, 2025. The video was published on March 23, 2025. ...

Group 1 - The article introduces Mehul Singh as a new contributing analyst for Seeking Alpha, highlighting the opportunity for others to share investment ideas and get published [1] - Mehul Singh has a background in investment, having started trading public equities 7 years ago and gaining experience in various sectors including healthcare startups, wealth management, and private equity [2] - The focus of Mehul Singh's investment strategy is on value investing, particularly targeting consumer industrials or technology companies with low to mid growth potential and stable or recurring business models [2] Group 2 - There is a disclosure stating that the analyst has no stock or derivative positions in any mentioned companies and no plans to initiate such positions in the near future [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and that no specific investment recommendations are being made [4]

Revenue Growth - Passenger ticket revenues increased by $216 million, or 6.0%, to $3.8 billion in 2025 from $3.6 billion in 2024, accounting for 66% of total revenues [99] - Onboard and other revenues rose by $189 million, or 11%, to $2.0 billion in 2025 from $1.8 billion in 2024, representing 34% of total revenues [100] - The North America segment's passenger ticket revenues increased by $159 million, or 7.0%, to $2.4 billion in 2025 from $2.3 billion in 2024 [101] - The Europe segment's passenger ticket revenues rose by $52 million, or 3.8%, to $1.4 billion in 2025, despite a 2.9% capacity decrease in ALBDs [103] Operating Performance - Consolidated operating income increased by $267 million to $543 million in 2025 from $276 million in 2024 [116] - The occupancy percentage improved to 103% in 2025 from 102% in 2024, indicating higher demand for cruises [95] - Operating expenses increased by $62 million, or 1.7%, to $3.8 billion in 2025 from $3.7 billion in 2024 [106] Financial Expenses and Debt - Interest expense decreased by $94 million, or 20%, to $377 million in 2025 from $471 million in 2024, primarily due to a decrease in total debt and lower average interest rates [117] - Debt extinguishment and modification costs increased by $218 million to $252 million in 2025 from $33 million in 2024 [120] - The composition of the company's debt as of February 28, 2025, was 61% fixed rate, 23% EUR fixed rate, 7% floating rate, and 10% EUR floating rate [131] Cash Flow and Liquidity - As of February 28, 2025, the company had $3.8 billion of liquidity, including $0.8 billion in cash and cash equivalents and $2.9 billion in borrowings available under its multi-currency revolving credit facility [121] - Net cash flows from operating activities decreased to $0.9 billion during the three months ended February 28, 2025, down from $1.8 billion for the same period in 2024 [124] - Net cash used in investing activities was $605 million during the three months ended February 28, 2025, primarily due to capital expenditures of $607 million [125] - Net cash used in financing activities was $690 million during the three months ended February 28, 2025, compared to a net cash provided of $0.2 billion for the same period in 2024 [127] Working Capital and Future Projections - The working capital deficit increased to $8.6 billion as of February 28, 2025, compared to $8.2 billion as of November 30, 2024, primarily due to an increase in customer deposits [122] - The company operates with a substantial working capital deficit, mainly due to advance passenger ticket receipts that remain a current liability until the sailing date [122] - Future export credit facilities at February 28, 2025, are projected to be $0.7 billion in 2025, increasing to $3.1 billion thereafter [129] - The company plans to use existing liquidity and future cash flows from operations to fund cash requirements, including capital expenditures not funded by export credit facilities [128] Cost Management - Fuel cost per metric ton consumed decreased to $643 in 2025 from $686 in 2024, reflecting lower fuel prices [95] - The company anticipates a $46 million impact in 2024 due to the EU Emissions Trading System, affecting 40% of emissions under the operational scope [94]

VALENCIA, Calif., March 25, 2025 /PRNewswire/ -- Cunard today announced an exciting partnership with Sail4th 250, the non-profit organization overseeing celebrations in the Port of New York and New Jersey for America's 250th anniversary next year.The collaboration will see the luxury cruise line's flagship Queen Mary 2 – the world's only ocean liner – take pride of place at the heart of the landmark event, offering guests a once-in-a-lifetime vantage point in what promises to be an unforgettable moment in h ...

Carnival Corporation & plc (CCL) reported impressive first-quarter fiscal 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. Both the top and bottom lines increased on a year-over-year basis. This upside was primarily backed by sustained demand strength and robust onboard revenues.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company anticipates surpassing its 2026 SEA Change financial targets a year ahead of schedule. For 2025, CCL expects to achie ...

Financial Data and Key Metrics Changes - The company reported a net income exceeding guidance by more than $170 million, driven by strong demand across its portfolio [8][30]. - A yield increase of 7.3% was achieved, surpassing previous guidance, following a 17% yield improvement from the prior year [8][10]. - EBITDA reached $1.2 billion, marking a nearly 40% year-over-year increase, with operating income nearly doubling [9][30]. - Operating and EBITDA margins improved by over 400 basis points year-over-year, now exceeding 2019 levels [9][10]. - The company raised its full-year earnings guidance by $185 million, reflecting strong first-quarter results [10][36]. Business Line Data and Key Metrics Changes - Onboard spending and ticket prices showed broad-based improvement, contributing to the overall yield increase [31][34]. - Customer deposits increased by over $300 million compared to the prior year, driven by improved ticket prices and pre-cruise onboard sales [35]. Market Data and Key Metrics Changes - The company noted strong demand across all core programs, with historical high prices for 2025 bookings [13][24]. - European brands continued to outperform year-over-year in both price and occupancy [34]. Company Strategy and Development Direction - The company is focused on maintaining strong pricing and demand, with no plans to reduce prices despite macroeconomic volatility [24][90]. - Marketing campaigns have been launched across major brands to enhance consideration for cruise travel [14][16]. - The company is investing in enhancing its portfolio, including renovations and expansions in key locations like Alaska and Celebration Key [19][27]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of consumer demand, noting that onboard spending growth accelerated compared to previous quarters [64][66]. - The company acknowledged macroeconomic volatility but emphasized its strong booking position and ability to manage through challenges [23][110]. - Future guidance remains optimistic, with expectations for continued yield growth and improved financial metrics [11][44]. Other Important Information - The company has successfully refinanced $5.5 billion of debt, reducing interest expenses and simplifying its capital structure [39][41]. - The average cash interest rate has decreased to 4.6%, with plans to further reduce debt by nearly $5 billion over the next two years [42][43]. Q&A Session Summary Question: Can you provide insights on consumer demand trends since Q4? - Management noted strong bookings and pricing, with historic occupancy levels leading into Wave season [49][50]. Question: How does the yield outlook for the rest of the year look? - Management confirmed that the yield guidance for the remaining quarters is maintained at over 4%, reflecting strong consumer demand [62][65]. Question: Are there any differences in consumer booking behavior between regions? - Management indicated that European brands continue to outperform, but North America is also performing well [85][86]. Question: What cost levers are available if demand weakens? - Management highlighted that the lack of hedging on commodities provides a natural hedge, allowing flexibility in managing costs [123][124]. Question: How is the new marketing strategy impacting customer acquisition? - Management reported a significant increase in first-time cruisers, indicating the effectiveness of the marketing efforts [150][151].

Core Insights - Carnival reported revenue of $5.81 billion for the quarter ended February 2025, reflecting a 7.5% increase year-over-year and surpassing the Zacks Consensus Estimate of $5.74 billion by 1.14% [1] - The company achieved an EPS of $0.13, a significant improvement from -$0.14 in the same quarter last year, resulting in an EPS surprise of 550% compared to the consensus estimate of $0.02 [1] Financial Performance Metrics - Available lower berth days (ALBDs) were reported at 23.6 million, slightly above the average estimate of 23.58 million [4] - The occupancy percentage was 103%, slightly below the estimated 104.4% [4] - Passenger cruise days (PCDs) totaled 24.3 million, compared to the average estimate of 24.68 million [4] - Fuel cost per metric ton consumed was $643, higher than the estimated $632.93 [4] - Net yields per ALBD were $184.95, exceeding the average estimate of $182.16 [4] - Revenues from onboard and other sources reached $1.98 billion, representing a year-over-year increase of 10.5% and surpassing the average estimate of $1.91 billion [4] - Revenues from passenger tickets were $3.83 billion, matching the average estimate and reflecting a 5.9% year-over-year increase [4] Stock Performance - Carnival's shares have returned -13.7% over the past month, compared to a -7.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

The page numbering is dependent on the placeholder text boxes on the page layout in the master view, so please DO NOT remove them Reports Record-Setting First Quarter Operating Results Outperforms December Guidance Raises Full Year 2025 Guidance First Quarter 2025 Earnings Presentation Because forward-looking statements involve risks and uncertainties, there are many factors that could cause our actual results, performance or achievements to differ materially from those expressed or implied by our forward-l ...