6:50 PM · 25 June 2024

Carnival surges 9% on unexpected profit and strong Q2 sales

Carnival
Stocks
CCL.US, Carnival Corp
-
-

Shares of US cruise tourist company Carnival (CCL.US) gains almost 9% today as the company reported adjusted earnings of $0.11 per share vs $0.31 last year and record, historic sales in Q2. Revenue growth slowed for the 8 quarter in a row, but increased 17.7% YoY to $5.78 billion. Carnival noted that sales were a record for the second quarter. Analysts expected $0.01 loss per share and slightly lower than reported, $5.68 billion sales. Also, lower operational costs and lower oil prices helped the company come back to profit.

The company indicated that is seeing strong business momentum now, with record sailings for the next year, which is higher than in 2024 in occupancy and prices. The company decided to lift 2024 adjusted net income to $1.55 billion by almost $275 billion. Analysts expected $1.37 billion. Carnival Q3 adjusted net income will increase by 35%, according to company commentary, to $1.58 billion, vs $1.54 billion expectations.

Carnival (CCL.US, D1 interval)

Source: xStation5

16 October 2025, 6:17 PM

J.B. Hunt gains 18% after strong quarterly results 🚀

16 October 2025, 3:28 PM

Stock of the Week - Lam Research Corp (16.10.2025)

16 October 2025, 3:02 PM

Salesforce surges 8% amid positive long-term revenue forecast📈

16 October 2025, 1:41 PM

Thermo Fisher Scientific announces strategic collaboration with OpenAI📱

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits