CCL says its softer back-half yield outlook stems from a temporary Europe disruption, while record deposits, cost control and firm bookings support demand.
Carnival Corporation Ltd. (CCL) Q2 2026 Earnings Call Transcript
CCL beats Q2 earnings and revenue estimates, posts record net yields and hits an all-time high in customer deposits despite geopolitical headwinds.
Carnival (NYSE:CCL | CCL Price Prediction) stock is under pressure today, falling 6% to $28.41 as investors react to its latest quarterly earnings report.
Carnival Corporation Ltd. remains undervalued, trading at a 13% discount to the sector median despite strong top and bottom-line growth. CCL benefits from robust global cruise tourism tailwinds, with the market expected to more than double by 2034, supporting long-term demand. CCL's fundamentals outpace peers, posting 6% revenue and 47% EPS growth over the past year, yet valuation lags competitors like RCL and RRR.
Although the revenue and EPS for Carnival (CCL) give a sense of how its business performed in the quarter ended May 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Carnival Corp (NYSE:CCL) shares fell almost 6% on Tuesday after the cruise operator issued a third quarter profit outlook below Wall Street expectations, overshadowing stronger-than-expected second-quarter results and record revenue. The company reported adjusted earnings of $0.41 per share for the quarter ended May 31, ahead of analysts' estimates of $0.33 per share.
Carnival (CCL) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.35 per share a year ago.
Carnival (CCL) beat on EPS but missed on sales and guidance expectations in earnings. Sam Vadas outlines what the report signifies for the greater cruise line industry.
Carnival Corporation (CCL) is the global cruise leader, boasting 40% market share and a diversified brand portfolio. CCL has achieved record revenues, robust net income growth, and met its investment-grade leverage target, enabling dividend reinstatement and a $2.5B buyback. Net yield outperformance is the key earnings driver, with a 1% beat translating to a 10% positive swing on quarterly earnings.
Carnival Corporation & plc CCL is scheduled to release second-quarter fiscal 2026 results on June 23. The Zacks Consensus Estimate for CCL's fiscal second-quarter earnings per share (EPS) is pegged at 35 cents, in line with the year-ago quarter.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Carnival (CCL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended May 2026.