Carnival Stock Surges 12% on Record Q3 Earnings and $1.92 Billion Net Income
Key Facts
Carnival Corporation reported adjusted earnings per share of $1.43 and net income of $1.92 billion for the third quarter of 2026. According to a statement via PR Newswire, these results beat analyst estimates of $1.36 per share, prompting the company to raise its full-year net yield outlook.
The performance supported record revenue of $8.4 billion, surpassing the $8.3 billion expected by analysts. CCL was trading at $24.74 on September 29, 2026, a 12% increase from its close of $22.14 on September 28, 2026, fueled by record booking levels for 2027 and the company exceeding its previous financial guidance.
Latest Updates · 2
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Update: Carnival now expects to achieve an adjusted net income of $3.08 billion for the full 2026 fiscal year. This updated forecast follows the company's strong third-quarter performance and management's optimism regarding future booking levels.
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Update: The company reported net income of $1.92 billion, or $1.40 per share, for the third quarter of 2026. These figures represent an increase from the $1.85 billion in net income recorded during the same period last year.