Carnival Corporation
- Carnival Corp. gained 0.05% to $20.95 after the cruise lines operator reported higher revenue in the first quarter of fiscal 2025 ending in February.
Revenue surged to $5.81 billion from $5.41 billion, net loss shrank to $78 million from a loss of $214 million, and diluted loss per share narrowed to 6 cents from a loss of 17 cents a year ago.
The company expects “to achieve both 2026 sea change financial targets one year in advance, with adjusted return on invested capital and adjusted EBITDA per available lower berth for 2025 reaching the highest levels in nearly two decades,” Carnival said in a release to investors.
“While we are not completely immune from the heightened macroeconomic and geopolitical volatility since providing our December guidance, we are still taking up our earnings expectations for the year.”
The company guided for the second quarter of 2025 adjusted EBITDA of approximately $1.3 billion, up 10% compared to the same quarter of 2024.
For the full year, Carnival estimated adjusted net income to be up over 30% compared to 2024 and better than December guidance by $185 million.
Adjusted EBITDA for the full year is expected at approximately $6.7 billion, up nearly 10% compared to 2024 and better than the December guidance.
Diluted earnings per share are estimated at 22 cents in the second quarter and $1.83 for the full year, compared to 7 cents and $1.44 a year ago, respectively.
Adjusted net income is seen at $285 million in the second quarter and $2.49 billion for the full year, compared to $92 million and $1.92 billion a year ago, respectively.
Mar 24, 2025 - Carnival Corp. slipped 0.8% to $21.83 after the company reported record quarterly results, but weak outlook weighed on the market sentiment.
Revenue in the quarter ending in August increased to $7.9 billion from $6.8 billion, net income rose to $1.7 billion from $1.1 billion, and diluted earnings per share rose to $1.26 from 79 cents a year ago.
During the third quarter, booking volumes remained robust for 2025 sailings at higher prices, in constant currency, compared to the prior year, and cumulative advanced booked position for full year 2025 is above the previous 2024 record with higher prices.
The company estimated fourth quarter net yields to increased 5% from the record level in 2023, and adjusted operating earnings to rise 20% to $1.14 billion.
Nov 1, 2024 - Carnival Corp increased 1.9% to $16.10 ahead of the release of the company's quarterly results.
Revenue in the quarter ending in May increased to $4.9 billion from $2.4 billion and net loss shrank to $407 million from $1.8 billion and diluted loss per share dropped to 32 cents from $1.61 a year ago.
For the full year 2023, the company forecasted adjusted EBITDA of $4.10 billion to $4.25 billion, above March guidance's range and with a midpoint increase of $175 million.
Cruise stocks have been on upswing since April on the expectations of a rebound in reservations after travel demand recovered following the Covid-19 pandemic.
Jun 26, 2023 - Carnival Corp, the cruise line operator, reported record quarterly bookings in the fiscal first quarter ending in February.
Revenue in the quarter increased to $4.4 billion from $1.6 billion and net loss shrank to $693 million from $1.9 billion and diluted loss per share decreased to 55 cents from $1.66 a share.
The cruise line estimated 98% occupancy in the fiscal second quarter and estimated adjusted operating earnings between $600 million and $700 million, compared to $382 million in the first quarter.
Mar 28, 2023 - Carnival Corp said fiscal fourth quarter revenue surged three-fold to $3.8 billion and loss shrank to $1.6 billion from $2.5 billion and diluted loss per share fell to $1.27 from $2.31 a year ago.
Dec 21, 2022
| Year | Feb | May | Aug | Nov | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -0.55 | -0.32 | 0.79 | -0.04 | - | |
| 2022 | -1.66 | -1.61 | -0.65 | -1.24 | - | |
| 2021 | -1.8 | -1.83 | -2.5 | -2.33 | -8.46 | |
| 2020 | -1.14 | -6.07 | -3.69 | -2.3 | -13.2 | |
| 2019 | 0.48 | 0.65 | 2.58 | 0.61 | 4.32 | |
| 2018 | 0.54 | 0.78 | 2.41 | 0.71 | 4.44 | |
| 2017 | 0.38 | 0.52 | 2.29 | 0.63 | 3.82 | |
| 2016 | 0.39 | 0.98 | 1.92 | 0.67 | 2.98 | |
| 2015 | 0.20 | 0.25 | 1.75 | 0.50 | 2.7 | |
| 2014 | -0.03 | 0.13 | 1.60 | -0.14 | 1.56 | |
| 2013 | 0.05 | 0.05 | 1.20 | 0.06 | 1.36 | |
| 2012 | -0.18 | 0.02 | 1.71 | 0.12 | 1.67 | |
| 2011 | 0.19 | 0.26 | 1.69 | 0.28 | 2.42 | |
| 2010 | 0.22 | 0.32 | 1.62 | 0.31 | 2.47 | |
| 2009 | 0.33 | 0.33 | 1.33 | 0.25 | 2.24 | |
| 2008 | 0.30 | 0.49 | 1.65 | 0.46 | 2.9 | |
| 2007 | 0.35 | 0.48 | 1.67 | 0.45 | 2.95 | |
| 2006 | 0.31 | 0.46 | 1.49 | 0.51 | 2.77 | |
| 2005 | 0.42 | 0.47 | 1.40 | 0.41 | 2.7 |