Carnival Corporation beats earnings and revenue expectations, stock price surges 9%
From Financial Modeling Prep: 2025-06-24 16:00:00
Carnival Corporation (NYSE:CCL) exceeded earnings expectations with an EPS of $0.35, a 45.83% positive surprise. Revenue also surpassed estimates, hitting around $6.33 billion, a 9% increase year-over-year. The company achieved its 2026 financial targets ahead of schedule, leading to a 9% surge in its stock price.
Carnival Corporation is a key player in the leisure industry, known for its cruise line services globally. The company competes with giants like Norwegian Cruise Line Holdings and Royal Caribbean Group. On June 24, 2025, Carnival reported strong financial results, beating EPS estimates by 45.83% with $0.35 and revenue expectations with $6.33 billion.
Carnival’s success was fueled by a 3% increase in passengers to 3.4 million and cost reductions. Achieving 2026 financial targets early, the company saw a 9% stock price surge. This positive news benefited competitors like Norwegian Cruise Line Holdings and Royal Caribbean Group. Carnival’s operational efficiency shined, with high adjusted return on invested capital and EBITDA per available lower berth day.
Financial metrics show Carnival’s P/E ratio at approximately 16.59, indicating market valuation of earnings. The price-to-sales ratio is about 1.33, while the enterprise value to sales ratio is 2.41. However, the debt-to-equity ratio is high at 3.09, signaling reliance on debt financing.
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