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Carnival (CCL) Reports Q1 Earnings: What Key Metrics Have to Say
Carnival Carnival (US:CCL) ZACKS·2025-03-21 16:00

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]