Carnival Corporation Ltd. (CCL)
Carnival Corporation Ltd. (CCL) Q3 2026 Earnings Call Transcript
Carnival Corporation Ltd. (CCL) Q3 2026 Earnings Call Transcript
Cruise Stocks Jump After Carnival Posts Strong Results and Rosy Outlook
Cruise stocks are surging after results from an industry leader topped Wall Street's estimates.
Carnival shares surge as quarterly earnings top expectations
Carnival Corp (NYSE:CCL) shares jumped more than 12% on Tuesday after the cruise operator reported third-quarter results above Wall Street estimates and raised its full-year net yield outlook, while pointing to strong bookings for 2027. Revenue rose to $8.4 billion in the quarter, beating analysts' estimate of $8.3 billion, while adjusted earnings per share came in at $1.43, compared with expectations of $1.36, according to company data.
Cruise Stocks Rally as Carnival's Q3 Results Land: Carnival Surges 12%, Royal Caribbean Gains 7%, Norwegian Rises 5%
Fiscal 2026 third-quarter results from Carnival (NYSE:CCL | CCL Price Prediction) are lifting the entire cruise group. Carnival stock is up 12% to $24.74, leading the sector higher.
Carnival Logs Higher Profit, Revenue on Accelerating Demand
The cruise line posted net income of $1.92 billion, or $1.40 a share, in the third quarter, up from $1.85 billion, or $1.33 a share, a year earlier.
Carnival hit by rising oil costs as BofA cuts price target
Carnival Corp (NYSE:CCL) shares have fallen 27% since August as surging oil prices raise concerns about fuel costs, prompting Bank of America to cut its price target on the cruise operator to $38 from $42 while maintaining a ‘buy' rating. The broker said Carnival, as the only unhedged major cruise line, remains uniquely exposed to higher fuel prices, a dynamic expected to hurt fourth-quarter earnings more than the upcoming third-quarter results, due on September 29.
Carnival faces fuel, pricing headwinds ahead of third-quarter results
Carnival Corp (NYSE:CCL), the cruise operator, faces higher fuel costs and softer pricing that have prompted Jefferies to cut its earnings estimates ahead of the company's third-quarter results on September 29. Jefferies lowered its 2026 revenue estimate by 1% and cut its 2026 and 2027 EPS forecasts by 3%, while maintaining its 'buy' rating.
Carnival (CCL) Exceeds Market Returns: Some Facts to Consider
In the most recent trading session, Carnival (CCL) closed at $22.31, indicating a +2.15% shift from the previous trading day.
Why Carnival (CCL) Dipped More Than Broader Market Today
In the latest trading session, Carnival (CCL) closed at $22.09, marking a -2.11% move from the previous day.
Can CCL's $7B+ EBITDA Outlook Withstand Geopolitical Headwinds?
Carnival's $7B-plus fiscal 2026 EBITDA outlook remains intact as record results, tighter costs and fuel-efficiency gains likely counter European pressure.
Carnival Just Dropped 20% in a Month. Is It Time to Sell?
Shares of Carnival (NYSE:CCL | CCL Price Prediction) are down 2% to $22.28 Thursday afternoon, capping a punishing stretch in which the stock has slid 20% over the past month.
Carnival Stock Declines 16% in a Month: Should You Buy or Wait?
CCL's 16% monthly drop reflects European demand concerns, but strong 2027 bookings and cost savings support its long-term outlook.
