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Carnival (CUK)
NYSE:CUK
Holding CUK?
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Earnings Data
Report Date
Apr 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 20, 2018
|% Change Since: 11.30%
|Next Earnings Date:Sep 27, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted robust financial performance with record-breaking revenues and strong booking trends, alongside improvements in debt metrics and sustainability efforts. Despite these positive trends, potential challenges such as passenger charges in Mexico and the lingering impact of the Red Sea disruptions were noted. Overall, the sentiment remains optimistic for continued growth and financial improvement.Company Guidance
During the Carnival Corporation and PLC Fourth Quarter 2024 Earnings Conference Call, the company provided optimistic guidance for the upcoming year, emphasizing strong financial performance and projections. Key metrics highlighted include a record net income improvement of over $250 million year-over-year, with full-year revenues at an all-time high of $25 billion and cash from operations near $6 billion. The company reported a yield increase of 11% for the year, outperforming original guidance by nearly 250 basis points, and achieved a 17.5% reduction in greenhouse gas emissions intensity from 2019 levels. For 2025, Carnival anticipates yield growth exceeding 4%, contributing over $400 million to the bottom line, with unit cost growth remaining controlled. The company is also progressing toward its 2026 SeaChange targets, with expectations of achieving an EBITDA per ALBD increase of 50% from 2023 and an ROIC of 12%. Additionally, Carnival has significantly reduced its debt, paying down over $8 billion since January 2023, and is on track to achieve investment-grade leverage metrics by 2026.Record-Breaking Revenues and Cash Flow
Achieved record revenues for the seventh consecutive quarter and full-year revenues hit an all-time high of $25 billion, with cash from operations reaching almost $6 billion.
Significant Yield Improvements
Full-year 2024 yield increased by 11%, with prices up in all major brands, translating to an additional $700 million in net income compared to initial guidance.
Debt Reduction and Financial Improvements
Paid down over $8 billion of debt since January 2023, achieving a 4.3 times net debt to EBITDA ratio, with plans to reach investment-grade leverage metrics by 2026.
Strong Booking Trends and Future Growth
2025 and 2026 booking volumes are breaking records, with higher prices and occupancy expected for all quarters.
Sustainability and Emissions Reduction
Achieved about a 17.5% reduction in greenhouse gas emissions intensity versus 2019, on track to achieve a 20% reduction by 2026.
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CUK 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
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CUK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 20, 2024 | $22.83 | $24.32 | +6.53% |
| Sep 30, 2024 | $16.86 | $16.67 | -1.13% |
| Jun 25, 2024 | $14.67 | $16.07 | +9.54% |
| Mar 27, 2024 | $15.39 | $15.62 | +1.49% |
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.
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FAQ
When does Carnival (CUK) report earnings?
Carnival (CUK) is schdueled to report earning on Apr 01, 2025, TBA Not Confirmed.
What is Carnival (CUK) earnings time?
Carnival (CUK) earnings time is at Apr 01, 2025, TBA Not 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 CUK EPS forecast?
CUK EPS forecast for the fiscal quarter 2025 (Q1) is 0.02.
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