Categories AlphaGraphs, Earnings, Other Industries
CCL Earnings: Carnival Corp reports narrower Q2 loss; revenue jumps
Carnival Corporation & plc. (NYSE: CCL) on Monday said its revenues more than doubled in the second quarter of 2023. As a result, the cruise line operator’s net loss narrowed sharply.
Revenues more than doubled to $4.91 billion in the May quarter, reflecting strong growth in both operating segments.
Occupancy increased sharply to 98%.
Consequently, the company’s Q2 net loss narrowed to $407 million or $0.32 per share from $1.83 billion or $1.61 per share in the corresponding period of 2022. The management provided guidance for the third quarter and fiscal 2023.
“We reached a meaningful inflection point for revenue this quarter, with net yields surpassing 2019’s strong levels, and we achieved positive operating income, cash from operations, and adjusted free cash flow,” said Carnival’s chief executive officer Josh Weinstein.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
