CUK - Carnival Rides The Wave: Strong Bookings And Robust Q2 Earnings Boost Outlook | Benzinga
Carnival Corporation (NYSE:CCL) shares are trading higher on Tuesday following better-than-expected second-quarter earnings.
The company reported second-quarter adjusted earnings per share of 11 cents, beating the analyst consensus for a loss of 2 cents.
Carnival reported quarterly sales of $5.781 billion, beating the street view of $5.675 billion.
The company registered a second-quarter operating income of $560 million, nearly five times 2023 levels.
Adjusted EBITDA in the quarter under review pegs at $1.2 billion, up 75% year over year.
The company continues to experience strong bookings momentum driven by record booking volumes for 2025 sailings.
While still early, the cumulative advanced booked position for full year 2025 is even higher ...