Carnival Corporation & plc (CCL) reported impressive fourth-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom lines increased on a year-over-year basis. The upside was primarily backed by sustained demand strength and increased booking volumes.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Carnival continues to enhance shareholder value through improved operational efficiency across its fleet. The company has reache ...

Carnival Corporation & plc (NYSE:CCL) Q4 2024 Earnings Conference Call December 20, 2024 10:00 AM ET Company Participants Beth Roberts - SVP, IR Josh Weinstein - CEO David Bernstein - CFO Conference Call Participants Matthew Boss - JPMorgan Ben Chaiken - Mizuho Securities Steve Wieczynski - Stifel Robin Farley - UBS James Hardiman - Citi Patrick Scholes - Truist David Katz - Jefferies Jaime Katz - Morningstar Brandt Montour - Barclays Operator Greetings, and welcome to the Carnival Corporation & plc Fourth ...

Core Insights - Carnival reported revenue of $5.94 billion for the quarter ended November 2024, marking a year-over-year increase of 10% and exceeding the Zacks Consensus Estimate by 0.05% [1] - The company achieved an EPS of $0.14, a significant improvement from -$0.07 a year ago, resulting in an EPS surprise of 75% compared to the consensus estimate of $0.08 [1] Financial Metrics - Available lower berth days (ALBDs) were reported at 23.9 million, slightly below the average estimate of 23.94 million [3] - The occupancy percentage reached 103%, surpassing the estimated 102.7% [3] - Passenger cruise days (PCDs) totaled 24.6 million, slightly above the average estimate of 24.59 million [3] - Fuel cost per metric ton consumed was $618, higher than the average estimate of $590.42 [3] - Net yields per ALBD were reported at $190.53, marginally above the average estimate of $190.52 [3] - Fuel consumption was 700 Kmt, closely aligning with the estimated 699.83 Kmt [3] - Revenue from passenger tickets was $3.85 billion, slightly below the average estimate of $3.87 billion, reflecting a year-over-year increase of 9.8% [3] - Onboard and other revenues reached $2.08 billion, exceeding the average estimate of $2.06 billion, with a year-over-year change of 10.5% [3] - Revenues from tours and other activities were $33 million, below the average estimate of $33.39 million, indicating a year-over-year decline of 34% [3] Stock Performance - Over the past month, Carnival's shares have returned -0.7%, matching the Zacks S&P 500 composite's -0.7% change [4] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [4]

The leading cruise line posts record financial results, and the near-term outlook is even brighter.The last earnings report out of the cruise line industry for the 2024 calendar year shows that folks still can't get enough of watery escapes. Carnival  (CCL 5.18%) (CUK 5.39%) posted its fiscal fourth-quarter results on Friday morning, and it once again exceeded expectations.Carnival shares have more than tripled since the start of 2023. A strong report for the seasonally sleepy fall season is encouraging, an ...

MIAMI (December 20, 2024) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the fourth quarter and full year 2024 and provided an outlook for the first quarter and full year 2025. "We are delivering long-term value for our shareholders through improved operational execution across our brands, essentially on a same ship basis. We ended 2024 with adjusted ROIC of 11 percent, comfortably above our cost of capital. In fact, with one year down, we're already over 80 percent ...

Expects to hit 2026 SEA Change EBITDA target one year early MIAMI, Dec. 20, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the fourth quarter and full year 2024 and provided an outlook for the first quarter and full year 2025. Key Highlights  Full year revenues hit an all-time high of $25 billion, over 15 percent higher than the prior year, with continued strength in demand. Full year net income of $1.9 billion; adjusted net income1 of $1.9 billio ...

Carnival Corporation CCL will release its fourth-quarter financial results, before the opening bell, on Friday, Dec. 20.Analysts expect the Miami, Florida-based company to report quarterly earnings at 7 cents per share, versus a year-ago loss of 7 cents per share. Carnival projects quarterly revenue of $5.93 billion, compared to $5.4 billion a year earlier, according to data from Benzinga Pro.On Sept. 30, Carnival posted third-quarter adjusted earnings of $1.27 per share, beating analysts’ estimates of $1.1 ...

Cruise and vacation company Carnival (CCL) is set to report fourth-quarter results on Friday before the opening bell. Carnival, a Zacks Rank #2 (Buy), has exceeded the earnings mark in each of the last eight quarters. But with the stock pulling back from its early December highs, is Carnival a buy prior to the release?Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Analysts are expecting Carnival to post quarterly earnings of 8 cents per share, reflecting a 214.3% improvement relative ...

 Book with the 'Start Your Journey Sale' by Jan. 31 and also receive up to $400 per stateroom onboard spending credit SEATTLE, Dec. 19, 2024 /PRNewswire/ -- Holland America Line is cruising into the annual wave booking season with the "Start Your Journey Sale". Starting Dec. 19, 2024, travelers can take advantage of the cruise line's wave offer and receive balcony upgrades, bonus amenities, reduced deposits and exceptional savings — with cruise fares starting at just $129 per person, per day. (PRNewsfoto ...

Carnival Corporation & plc (CCL) is scheduled to release fourth-quarter fiscal 2024 results on Dec. 20, 2024.The Zacks Consensus Estimate for CCL’s fiscal fourth-quarter earnings per share (EPS) is pegged at 8 cents. In the prior-year quarter, the company reported a loss per share of 7 cents. The consensus mark has increased by 2.3% in the past 60 days.The consensus mark for fiscal fourth-quarter revenues is pegged at $5.94 billion, indicating growth of 10% from the year-ago quarter’s reported figure.Carniv ...