Published 1 day ago • loading... • Updated 5 hours ago

Carnival Sails Past Q2 Estimates, Raises Full-Year Outlook On Strong Demand - Carnival (NYSE:CCL)

Carnival Corporation reported stronger-than-expected second-quarter results on June 25, 2025, with earnings beating analyst estimates and shares rising sharply.
The improved performance followed large post-pandemic fleet downsizing, sale of older ships like Costa Fortuna, and recent capital investments in newbuilds.
The company reported its strongest margin performance in almost two decades, with gross margin yields exceeding 2024 levels by more than 25%, while adjusted costs increased due to a higher number of dry-dock days.
CEO Josh Weinstein highlighted that the company's outstanding team achieved remarkable results this quarter, with adjusted net income increasing more than threefold, fueled by exceptional net yields on a constant currency basis and robust demand for near-term cruises.
Carnival has increased its forecast for adjusted earnings per share in fiscal year 2025 to $1.97, anticipating a 40% rise in adjusted net income, while early booking trends for 2026 are tracking closely to the record levels seen this year.

Insights by Ground AI

Does this summary seem wrong?

19 Articles

All

Left

Center

Right

The Maritime Executive

Center

Carnival Corp. Posts Results Reaching Highest Levels in Two Decades

Carnival Corporation, which bills itself as the largest global cruise company and among the largest leisure travel companies, reported strong results,...

17 hours ago

Read Full Article

Colorado Springs Gazette

Reposted by

Denver Gazette

Center

Carnival hikes annual profit target on record cruise demand

Carnival Corp. raised its annual profit forecast after beating second-quarter estimates on Tuesday, driven by the highest margins the company has achieved in nearly 20 years.

19 hours ago·Colorado Springs, United States

Read Full Article