Education
About Us
Working with TipRanks
Follow Us
Carnival Corporation (CCL)
NYSE:CCL
Earnings Data
Report Date
Mar 20, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.19Last Year’s EPS
0.13Same Quarter Last Year
Strong Buy
Based on 19 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance in 2025 with record financial metrics, robust booking momentum, and successful cost management. Challenges include increased Caribbean capacity and geopolitical uncertainties impacting future guidance. Overall, Carnival is optimistic about 2026 with strategic developments and financial flexibility.Company Guidance
Record Performance in 2025
Carnival achieved historical fourth quarter highs for revenues, yields, operating income, and EBITDA in each quarter and for the full year, with net income over $3 billion, a 60% increase from 2024.
Strong Booking and Pricing Momentum
Booking volumes reached record levels for both 2026 and 2027, with prices at historical highs in North America and Europe despite low consumer sentiment.
Successful Cost Management
Unit costs improved by over 1 point better than initial guidance, with a 2.6% increase for the year due to effective cost management.
Resumption of Dividend
Carnival announced the resumption of their dividend at $0.15 per quarter, reflecting confidence in cash generation and balance sheet improvements.
Strategic Destination Developments
Significant developments at Celebration Key, Grand Bahama, and RelaxAway, Half Moon Cay are expected to drive future growth.
Deleveraging and Refinancing Success
Carnival reduced debt by over $10 billion since its peak and achieved an investment-grade net debt to adjusted EBITDA ratio of 3.4x.
CCL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CCL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Dec 19, 2025 | $28.34 | $31.12 | +9.81% |
Sep 29, 2025 | $30.62 | $29.40 | -3.98% |
Jun 24, 2025 | $24.04 | $25.70 | +6.91% |
Mar 21, 2025 | $21.20 | $20.94 | -1.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Carnival Corporation (CCL) report earnings?
Carnival Corporation (CCL) is schdueled to report earning on Mar 20, 2026, Before Open (Confirmed).
What is Carnival Corporation (CCL) earnings time?
Carnival Corporation (CCL) earnings time is at Mar 20, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CCL EPS forecast?
CCL EPS forecast for the fiscal quarter 2026 (Q1) is 0.19.
