CCL
Carnival Corporation
NYSE: CCL · CONSUMER CYCLICAL · TRAVEL SERVICES
$25.58
-2.74% today
Updated 2026-04-29
Market cap
$35.43B
P/E ratio
11.27
P/S ratio
1.31x
EPS (TTM)
$2.27
Dividend yield
0.57%
52W range
$19 – $34
Volume
26.9M
Carnival Corporation (CCL) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
7 of 8
Last 8 quarters
Avg EPS surprise
+29.2%
Last 4 quarters
Revenue YoY growth
+6.1%
Most recent quarter
EPS YoY growth
+433.3%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.9%
Last 3 reports
Positive reaction rate
33%
1 of 3 quarters
Largest single-day move
+13.6%
2025-12-19
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-03-27 | $0.20 | +11.1% | $25.28 | $23.96 | -5.2% |
| 2025-12-19 | $0.34 | +36.0% | $28.34 | $32.20 | +13.6% |
| 2025-09-29 | $1.33 | +1.5% | $30.62 | $28.91 | -5.6% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-02-28 | $0.18 | $0.20 | +11.1% | $6.17B | +6.1% |
| 2025-11-30 | $0.25 | $0.34 | +36.0% | $6.33B | +6.6% |
| 2025-08-31 | $1.31 | $1.33 | +1.5% | $8.15B | +3.3% |
| 2025-05-31 | $0.25 | $0.42 | +68.0% | $6.33B | +9.5% |
| 2025-02-28 | $0.02 | $-0.06 | -400.0% | $5.81B | +7.5% |
| 2024-11-30 | $0.07 | $0.14 | +100.0% | $5.94B | +10.0% |
| 2024-08-31 | $1.15 | $1.27 | +10.4% | $7.90B | +15.2% |
| 2024-05-31 | $-0.02 | $0.11 | +650.0% | $5.78B | +17.7% |
| 2024-02-29 | $-0.18 | $-0.14 | +22.2% | $5.41B | — |
| 2023-11-30 | $-0.13 | $-0.07 | +46.2% | $5.40B | — |
| 2023-08-31 | $0.74 | $0.86 | +16.2% | $6.85B | — |
| 2023-05-31 | $-0.34 | $-0.31 | +8.8% | $4.91B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $2.58 | $28.2B | +5.8% | 22 | high |
| 2027 (E) | $2.87 | $29.2B | +3.6% | 22 | high |
| 2028 (E) | $3.15 | $30.3B | +3.7% | 22 | medium |
| 2029 (E) | $3.52 | $31.5B | +4.1% | 22 | medium |
| 2030 (E) | $3.95 | $32.9B | +4.4% | 22 | medium |
Frequently asked questions
Has Carnival Corporation beaten earnings estimates?
Carnival Corporation has beaten Wall Street EPS estimates in 7 of its last 8 quarterly reports, with an average EPS surprise of +29.2% over the last 4 quarters.
How does CCL stock react to earnings?
CCL stock has moved an average of +0.9% in the trading day following earnings over its last 3 reports, with positive reactions in 33% of those quarters.
What is Carnival Corporation's revenue growth rate?
Carnival Corporation reported year-over-year revenue growth of +6.1% in its most recent quarter, with EPS growing +433.3% year-over-year.
What is the expected EPS for CCL in 2026?
Analysts expect Carnival Corporation to report EPS of $2.58 for fiscal year 2026, on revenue of $28.2B, based on estimates from 22 analysts.