For the quarter ended May 2024, Carnival (CCL) reported revenue of $5.78 billion, up 17.7% over the same period last year. EPS came in at $0.11, compared to -$0.31 in the year-ago quarter.The reported revenue represents a surprise of +2.20% over the Zacks Consensus Estimate of $5.66 billion. With the consensus EPS estimate being -$0.01, the EPS surprise was +1200.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

The leading cruise line operator reported blowout results that you should've seen coming.Shares of Carnival Corp. (CCL 7.50%) opened higher on Tuesday after the company posted better-than-expected financial results. The beat on both ends of the income statement shouldn't really come as a surprise. Revenue rising 18% to $5.78 billion -- ahead of the 16% increase that it initially targeted -- isn't a shock, even if it did fall short of analyst targets last time out.Momentum at rivals Royal Caribbean (RCL 3.47 ...

Key TakeawaysCarnival Corporation reported an unexpected second-quarter profit as passengers spent more for cruises.The company said results were boosted by higher prices for tickets, increased onboard spending, and the timing of expenses.Carnival noted that demand remained strong, and raised its full-year guidance. Carnival Corporation (CCL) shares sailed higher in intraday trading Tuesday when the cruise operator posted a surprising quarterly profit and boosted its guidance as customers spent more to sail ...

Carnival (CCL) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1,200%. A quarter ago, it was expected that this cruise operator would post a loss of $0.18 per share when it actually produced a loss of $0.14, delivering a surprise of 22.22%.Over the last four quarters, the compan ...

Exhibit 99.1 CARNIVAL CORPORATION & PLC REPORTS RECORD SECOND QUARTER REVENUES, OPERATING INCOME AND BOOKING LEVELS, OUTPERFORMS SECOND QUARTER GUIDANCE AND RAISES FULL YEAR 2024 GUIDANCE MIAMI (June 25, 2024) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the second quarter 2024 and provided an updated outlook for the full year and an outlook for third quarter 2024. "We have made incredible strides in improving our commercial operations, strategically reallocating o ...

MIAMI, June 25, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the second quarter 2024 and provided an updated outlook for the full year and an outlook for third quarter 2024. Second quarter net income improved by nearly $500 million compared to 2023 and adjusted net income outperformed March guidance by nearly $170 million (see "Non-GAAP Financial Measures" below). Record second quarter operating income of $560 million, nearly five times 2023 lev ...

Whether you love it or hate it, setting sail on a cruise is undeniably a favorite vacation option for many travelers. Cruise stocks are equally polarizing and, like many travel stocks, tend to be better trades than long-term investments. However, as data points show that consumer spending is slowing down, is this a time to look for cruise stocks to buy on the dip? Something for you to keep in mind as you make that decision is that cruises are often booked several months in advance. That means the vacation p ...

Loading...Loading...Carnival Corp CCL will report second-quarter (Q2) earnings on Tuesday. Wall Street expects -20 cents in EPS and $5.7 billion in revenues as the company reports before market hours.The stock is up 2.33% over the past year, but down 12.30% YTD.Let’s look at what the charts indicate for Carnival stock, and how the stock currently maps against Wall Street estimates.Carnival Stock In Strong Bullish Trend Ahead Of Q2 Earnings Based on technical analysis, Carnival stock is exhibiting a strongly ...

The leading cruise line operator has a big financial update on Tuesday.Investors in Carnival Corp. (CCL 0.06%) have been tossed about in the market's icy waters this years. Shares of the world's largest cruise line operator have fallen 13% in 2024. And they're going to be on the move again this week.Carnival reports its fiscal second-quarter results on Tuesday morning. The stock is losing to the market this year, but momentum has been on the side of its improving fundamentals. A strong report would send the ...

Revenge travel or the concept of making up for lost time due to the Covid-19 disruption may have expired. But that doesn’t necessarily spell doom for travel stocks to buy. On the contrary, American consumers still appear eager to use up their accumulated paid time off or PTO. All things considered, it’s a great time to enjoy a vacation.For one thing, the labor market is relatively robust. Now, I know certain important nuances exist – nuances that eventually may raise economic challenges. For example, the un ...