The chart below shows how CCL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CCL sees a +5.34% change in stock price 10 days leading up to the earnings, and a +1.73% change 10 days following the report. On the earnings day itself, the stock moves by -1.39%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Net Income Surge: Fourth quarter net income improved by over $250 million year-over-year, coming in over $125 million better than expected.
Record Fourth Quarter Revenues: Fourth quarter revenues hit an all-time high of $25 billion, producing all-time high cash from operations of almost $6 billion.
Q4 Net Income Surpasses Guidance: Fourth quarter net income exceeded September guidance by $126 million as we outperformed once again.
Revenue Improvement and Margins: Full-year 2024 revenues yielded improvement of 11%, over three times our 3.5% cost increase, driving improved margins and cash flow.
Per Diem Improvement: Fourth quarter per diems improved over 5% versus the prior year, with improvements on both sides of the Atlantic driven by higher ticket prices and improved onboard spending.
Negative
Net Income Surge: Fourth quarter net income improved by over $250 million year-over-year, coming in over $125 million better than expected.
Cruise Cost Increase: Cruise costs without fuel per available lower berth date or ALBD came in up 7.4% compared to the prior year.
Per Diem Improvement: Fourth quarter per diems improved over 5% versus the prior year, which were up over 10% last year, with improvements on both sides of the Atlantic driven by higher ticket prices and improved on-board spending.
Cruise Cost Increase: Cruise costs without fuel per ALBD are expected to be up approximately 3.7%, costing 28 cents per share for 2025 versus 2024.
Debt Reduction Achievement: We ended 2024 with $27.5 billion of debt, over $8 billion off the January 2023 peak.
Carnival Corporation & plc (CCL) Q4 2024 Earnings Call Transcript
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