Compared to Estimates, Carnival (CCL) Q2 Earnings: A Look at Key Metrics

Core Viewpoint - Carnival reported strong financial results for the quarter ended May 2025, with revenue and EPS exceeding expectations, indicating positive growth and operational efficiency [1][3]. Financial Performance - Revenue for the quarter was $6.33 billion, reflecting a year-over-year increase of 9.5% [1]. - EPS was reported at $0.35, a significant increase from $0.11 in the same quarter last year, representing a surprise of +45.83% against the consensus estimate of $0.24 [1]. - The reported revenue surpassed the Zacks Consensus Estimate of $6.21 billion by +1.97% [1]. Key Metrics - Available lower berth days (ALBDs) were reported at 24.2 million, slightly below the five-analyst average estimate of 24.21 million [4]. - Occupancy percentage was 104%, close to the average estimate of 104.5% [4]. - Passenger cruise days (PCDs) totaled 25.3 million, slightly above the four-analyst average estimate of 25.28 million [4]. - Fuel cost per metric ton consumed was $614, lower than the estimated $652.38 [4]. - Net yields per ALBD were $200.07, exceeding the average estimate of $195.23 [4]. - Revenues from onboard and other sources reached $2.22 billion, surpassing the average estimate of $2.18 billion, marking a year-over-year increase of +9.7% [4]. - Revenues from passenger tickets amounted to $4.10 billion, compared to the average estimate of $4.01 billion, reflecting a year-over-year increase of +9.3% [4]. Stock Performance - Carnival's shares have returned +8% over the past month, outperforming the Zacks S&P 500 composite's +3.9% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3].