Carnival Q1 Earnings & Revenues Top Estimates, Increase Y/Y

Carnival Corporation & plc CCL reported impressive first-quarter fiscal 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. Both the top and bottom lines increased on a year-over-year basis. This upside was primarily backed by sustained demand strength and robust onboard revenues.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company anticipates surpassing its 2026 SEA Change financial targets a year ahead of schedule. For 2025, CCL expects to achieve its highest adjusted return on invested capital and adjusted EBITDA per available lower berth in nearly two decades. This strong financial outlook underscores the company's operational efficiency and strategic growth initiatives.CCL’s Q1 Earnings & RevenuesIn the quarter under review, the company reported adjusted earnings per share (EPS) of 13 cents, beating the Zacks Consensus Estimate of 2 cents. In the year-ago quarter, CCL posted an adjusted loss of 14 cents per share.Carnival Corporation Price, Consensus and EPS Surprise Carnival Corporation price-consensus-eps-surprise-chart | Carnival Corporation QuoteRevenues in the quarter totaled $5.81 billion, beating the consensus mark of $5.74 billion. The metric also increased 7.5% year over year.In first-quarter fiscal 2025, passenger ticket revenues amounted to $3.83 billion, up from $3.61 billion reported in the prior-year quarter. Our estimate for passenger ticket revenues was $3.8 billion.Onboard and other revenues increased to $2 billion from $1.8 billion reported in the year-ago quarter. Our estimate for Onboard and other revenues was pegged at $1.9 billion.CCL’s Q1 FinancialsAdjusted net income in the quarter amounted to $174 million against a loss of $180 million reported in the year-ago quarter. Adjusted EBITDA totaled $1.20 billion compared with $871 million reported in the prior-year quarter.CCL’s Balance SheetAs of Feb. 28, 2025, cash and cash equivalents were $833 million compared with $1.21 billion as of Nov. 30, 2024. Carnival ended the quarter with liquidity of $3.8 billion. Total debt (current and long-term) as of Feb. 28, 2025, was $27.02 billion compared with $27.48 billion as of Nov. 30, 2024.Bookings Update of CCLCarnival continues to capitalize on strong demand, entering 2025 with less available inventory and securing higher pricing on first-quarter bookings compared with the previous year. The company’s strategic yield management approach has driven record-high cumulative advance bookings, with pricing at historical peaks for each quarter and occupancy levels aligning with last year’s records. Additionally, 2026 and beyond bookings have reached an all-time high, reflecting sustained consumer interest across North America and Europe. With a booking curve extending further than ever before, CCL remains well-positioned for long-term growth.Total customer deposits as of Feb. 28 were $7.3 billion compared with $6.8 billion reported in the preceding quarter.CCL’s 2025 OutlookFor second-quarter fiscal 2025, the company expects adjusted EBITDA to be approximately $1.32 billion, up 10% year over year. It expects fiscal second-quarter adjusted net income to be nearly $285 million. The company expects fiscal second-quarter adjusted EPS to be nearly 22 cents.For fiscal 2025, the company anticipates adjusted EBITDA to be approximately $6.7 billion. Adjusted net income during the year is anticipated to be nearly $2.49 billion. In fiscal 2025, the company expects adjusted EPS to be $1.83.CCL’s Zacks Rank and Stocks to ConsiderCurrently, Carnival carries a Zacks Rank #3 (Hold).Here are some better-ranked stocks from the Consumer Discretionary sector.Life Time Group Holdings, Inc. LTH presently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.LTH delivered a trailing four-quarter earnings surprise of 21.6%, on average. The stock has soared 115% in the past year. The consensus estimate for LTH’s 2025 sales and EPS implies growth of 12.9% and 37.9%, respectively, from the year-ago levels.Sportradar Group AG SRAD currently carries a Zacks Rank #2 (Buy).SRAD delivered a trailing four-quarter earnings surprise of 83.3%, on average. The stock has surged 83.3% in the past year. The Zacks Consensus Estimate for SRAD’s 2025 sales and EPS implies growth of 15.7% and 94.7%, respectively, from the year-ago levels.RCI Hospitality Holdings, Inc. RICK currently sports a Zacks Rank of 1. RICK delivered a trailing four-quarter negative earnings surprise of 62.9%, on average. The stock has lost 17.8% in the past year.The Zacks Consensus Estimate for RICK’s fiscal 2025 sales and EPS indicates an increase of 2.5% and 1,278.8%, respectively, from the year-ago levels.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL): Free Stock Analysis Report RCI Hospitality Holdings, Inc. (RICK): Free Stock Analysis Report Sportradar Group AG (SRAD): Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks