Carnival Corporation Ltd. (CCL)
S&P 500 Gains and Losses Today: Cruise Stocks Soar as Carnival Posts Surprise Profit
Major U.S. equities indexes were mixed Tuesday as data showed home prices jumped to an all-time high and Consumer Confidence Index (CCI) slightly declined.
Why Carnival Corp. Rallied Today
Carnival trounced analyst expectations in the second quarter. The company also lifted full-year guidance on stronger cruise pricing and moderating cost inflation.
Carnival Stock Pops on Beat-and-Raise
Carnival Corp (NYSE:CCL) stock is up 9.7% at $17.98 at last glance, headed for its largest single-day percentage gain since June 12, 2023, after the cruise line reported strong fiscal second-quarter results and raised its annual profit forecast due to higher prices and steady demand.
Carnival Corporation & plc (CCL) Q2 2024 Earnings Call Transcript
Carnival Corporation & plc (NYSE:CCL ) Q2 2024 Earnings Conference Call June 25, 2024 10:00 AM ET Company Participants Beth Roberts - Senior Vice President, Investor Relations Josh Weinstein - President, Chief Executive Officer and Chief Climate Officer David Bernstein - Chief Financial Officer and Chief Accounting Officer Conference Call Participants Matthew Boss - JPMorgan Steven Wieczynski - Stifel Patrick Scholes - Truist Securities Benjamin Chaiken - Mizuho Securities Robin Farley - UBS James Hardiman - Citi Brandt Montour - Barclays Conor Cunningham - Melius Research Assia Georgieva - Infinity Research Jaime Katz - Morningstar Daniel Politzer - Wells Fargo David Katz - Jefferies Sharon Zackfia - William Blair Operator Greetings and welcome to the Carnival Corporation & plc's Conference Call. At this time, all participants are in a listen-only mode.
Carnival (CCL) Beats Q2 Earnings Estimates, Raises '24 View
Carnival's (CCL) fiscal second-quarter top line reflects strong contributions from passenger ticket and onboard and other revenues.
Carnival (CCL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Carnival (CCL) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
It's Not Too Late to Buy Carnival Stock
Carnival posted its first quarterly profit in a fiscal second quarter since 2019. Revenue rose a better-than-expected 18%, and the near-term outlook is bullish.
Carnival Stock Soars on Surprise Q2 Profit
Carnival Corporation (CCL) shares sailed higher in intraday trading Tuesday when the cruise operator posted a surprising quarterly profit and boosted its guidance as customers spent more to sail.
Carnival (CCL) Surpasses Q2 Earnings and Revenue Estimates
Carnival (CCL) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.31 per share a year ago.
Carnival rallies as strong cruise demand boosts profits
Carnival PLC (LSE:CCL), the owner of cruise companies such as P&O, has rallied close to 6.5% this afternoon after it upgraded its full-year profit guidance. Helped by robust demand for its cruise holidays in places such as Alaska and the Caribbean and higher prices for its journeys, the group lifted its adjusted net income guidance by around US$275 million and its net yield guidance to 10.25%.
Carnival Stock Breaks Out As 2025 Bookings Already Top Full Year 2024
Carnival stock leapt on its earnings beat, record Q2 revenue early Tuesday. The cruise giant lifted its outlook as 2025 demand outpaces 2024.
Carnival Cruise Line's stock rises after company swings to a profit
Carnival Corp.'s stock CCL, +4.09% was up 4% in premarket trading Tuesday after the cruise operator swung to a second-quarter profit. Wall Street analysts had expected a loss.
