Carnival (CCL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Carnival reported revenue of $6.17 billion for the quarter ended February 2026, marking a 6.1% increase year-over-year, with EPS at $0.20 compared to $0.13 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of $6.11 billion by 0.97%, and the EPS surpassed the consensus estimate of $0.18 by 14.29% [1] Financial Performance Metrics - Carnival's shares have declined by 22.7% over the past month, while the Zacks S&P 500 composite decreased by 6.2%, indicating underperformance relative to the broader market [3] - The company achieved 24.7 million Available Lower Berth Days (ALBDs), exceeding the five-analyst average estimate of 23.7 million [4] - The occupancy percentage was reported at 103%, slightly below the five-analyst average estimate of 103.3% [4] - Passenger Cruise Days (PCDs) totaled 24.4 million, which was lower than the four-analyst average estimate of 24.48 million [4] - Fuel cost per metric ton consumed was $795.00, significantly higher than the average estimate of $531.53 from three analysts [4] - Net yields per ALBD were reported at $197.44, surpassing the three-analyst average estimate of $194.74 [4] - Revenues from onboard and other sources reached $2.14 billion, slightly above the estimated $2.12 billion, reflecting an 8.3% increase compared to the year-ago quarter [4] - Revenues from passenger tickets amounted to $4.02 billion, exceeding the estimated $3.99 billion, with a 5% increase year-over-year [4]