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Carnival Corporation (CCL) will report its third-quarter results on Monday, September 29, providing insights into the cruise industry’s recovery post-pandemic. The company anticipates record sales of $8.07 billion, a 2% increase from the previous quarter, with earnings expected to rise 4% to $1.32 per share.
Carnival has reported 104% occupancy levels, indicating demand exceeds capacity. The company has exceeded earnings expectations for the last 11 consecutive quarters and shows a potential earnings forecast of $1.34 per share for Q3.
For Fiscal Year 2025, Carnival’s total sales are projected to grow 6%, reaching $27.56 billion in FY26, outpacing industry growth averages, despite trailing competitors like Royal Caribbean.
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