CCL Q3 Earnings Call Highlights Demand Strength, 2027 Bookings

Carnival Corporation reported Q3 2026 net income of $1.9 billion, adjusted net income of $2 billion, and record revenue. Adjusted EBITDA matched the prior year's record at $3 billion. The company raised its 2026 adjusted net income outlook by over $150 million. 2027 bookings hit new highs, with customer deposits reaching $7.6 billion. Carnival completed $1.2 billion in share repurchases year to date.

Carnival Corp. (CCL) reported Q3 earnings beating expectations, with revenue growth despite rising fuel costs. The company's dividend yield is 1.66% with a low payout ratio of 13%. CCL is modestly undervalued by 1.8% according to GuruFocus' GF Value™. The GF Score™ stands at 78 out of 100, reflecting solid profitability and valuation but weaker financial strength. Insiders have sold $13.5 million in shares, while 14 premium gurus hold positions, with mixed activity.

Carnival Corp. (NYSE:CCL) stock rose slightly as record 2027 bookings and operational improvements offset weaker Q4 guidance. Adjusted earnings of $1.43 per share and revenue of $8.435 billion beat estimates. The company raised fiscal 2026 earnings guidance to $2.24 per share. Analysts adjusted price targets, maintaining mostly positive ratings.

Carnival Corp. reported record Q3 2026 results with adjusted net income of $2B, despite high fuel costs. Customer deposits rose 7% YoY to $7.6B, and revenues and yields hit all-time highs. CEO Josh Weinstein attributed the strong performance to accelerating demand and cost discipline. The company also saw record 2027 booked occupancy and pricing, with 2028 showing strong early signs. Travel advisors noted cruising's value proposition maintains steady sales despite pricing changes.

Carnival Corporation (CCL) reported Q3 earnings of $1.43 per share, beating estimates, and raised FY26 adjusted EPS guidance to $2.24. Q4 EPS guidance of 20 cents was below estimates. Analysts cut price targets but maintained outperform ratings. Shares gained 1% to $25.37.

Carnival CCL CEO Josh Weinstein noted strong U.S. consumer demand for vacations despite economic challenges, citing record Q3 revenue of $8.43B and high 2027 bookings. The company expects 0.5% capacity growth in 2027, with pricing strength supporting profitability. Investors should watch net yields, onboard spending, and fuel costs.