- Carnival’s adjusted EPS for the third quarter was $1.43, higher than last year’s $1.27 and above the estimated $1.32.
- Reported EPS was $1.33 compared to $1.26 the previous year.
- Adjusted net income totaled $1.98 billion, marking a 13% increase year-over-year and surpassing the estimated $1.84 billion.
- Adjusted EBITDA reached $2.99 billion, a rise of 6.1% from the previous year and exceeding the estimate of $2.9 billion.
- Available lower berth days stood at 24.6 million, a 2.4% decrease year-over-year, which matched the estimate.
- Passenger cruise days amounted to 27.5 million, a decline of 2.1% year-over-year, slightly under the estimated 27.57 million.
- Carnival carried 3.8 million passengers, down by 2.6% compared to the previous year and below the 3.96 million estimate.
- Occupancy was at 112%, consistent with last year’s rate and just slightly under the estimated 112.1%.
- The company raised its full-year 2025 adjusted net income guidance for the third consecutive quarter due to improved net yields and cost management, now expecting an approximate 55% year-over-year increase.
- Strong demand and onboard spending contributed to a 4.6% improvement in net yields, achieved on a same-ship basis, according to CEO Josh Weinstein.
- Analysts’ recommendations include 20 buys, 7 holds, and 0 sells.
“`
Carnival Corp on Smartkarma
Analysts on Smartkarma, like Baptista Research, are closely monitoring Carnival Corporation’s performance. In a recent report titled “Carnival Corporation Is Reinventing Cruising with Lower Debt,” Baptista Research expressed a bullish sentiment. The report highlights Carnival’s impressive financial results, with the company delivering its eighth consecutive quarter of record revenue and yields. Carnival’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) surged by 26% year-over-year, operating income rose by 67%, and net income more than tripled. Notably, the company exceeded yield growth expectations by almost 200 basis points, driven by strong close-in demand for tickets and onboard spending.
A look at Carnival Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for Carnival Corp, the Smartkarma Smart Scores offer valuable insights. With a high Growth score of 4 and a Momentum score of 5, the company seems to be positioned for strong potential growth and market performance. Despite a lower Dividend score of 1, Carnival Corp‘s overall outlook is bolstered by decent scores in Value and Resilience, indicating stability and reasonable valuation.
Carnival Corporation, a major player in the cruise industry, owns and operates cruise ships that cater to various vacation destinations worldwide. From North America to Asia/Pacific, the company’s reach is extensive. Additionally, it also has interests in the hospitality sector through subsidiary-owned hotels and lodges. This dually-listed company with CCL LN showcases a promising future outlook, especially with its impressive Growth and Momentum scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
