Carnival beats forecasts in solid first quarter
27th Mar 2023 14:28
(Sharecast News) - Cruise giant Carnival reported a net loss of $693m for its first quarter on Monday, or a diluted 55 US cents per share - better than its December guidance for a net loss of $750m to $850m.
Read moreCarnival's Cunard sees strongest start to wave season in last decade
24th Jan 2023 15:04
(Sharecast News) - Carnival said on Tuesday that its luxury cruise line Cunard booked more guests in the first week of January than any equivalent period in the last decade.
Read moreCarnival Q4 losses narrow but revenues miss expectations
21st Dec 2022 15:34
(Sharecast News) - Cruise operator Carnival posted a narrowing of its fourth-quarter losses on Wednesday but revenues missed analysts' expectations.
Read moreCarnival to raise $1bn to make debt payments, shares tumble
16th Nov 2022 11:35
(Sharecast News) - Carnival tumbled on Wednesday after the cruise operator announced plans to raise $1bn with convertible senior notes to make principal payments on debt and for general corporate purposes.
Read moreCarnival expecting Q4 loss, shares sink
30th Sep 2022 15:55
(Sharecast News) - Carnival shares sank on Friday after the cruise operator said it expects to make a loss in the fourth quarter.
Read moreCarnival shares could hit $0 in face of 'demand shock', says Morgan Stanley
29th Jun 2022 15:10
(Sharecast News) - Morgan Stanley slashed its price target on shares of cruise operator Carnival on Wednesday to $7 from $13, maintaining its 'underweight' rating and staying cautious following "another chunky forecast cut".
Read moreCarnival's occupancy and bookings continue to recover
24th Jun 2022 17:44
(Sharecast News) - Carnival's cash from operations moved back into the black over the second quarter, as sales grew by almost half sequentially and the cruiseline operator recorded its best booking volumes since the start of the pandemic.
Read moreCarnival acquires Costa Luminosa from sister brand Costa Crociere
15th Jun 2022 07:21
(Sharecast News) - Cruise line operator Carnival has acquired the Costa Luminosa from sister brand Costa Crociere, with the vessel set to start guest operations as Carnival Luminosa in November.
Read moreCarnival plots course back to profitability by start of summer
22nd Mar 2022 14:13
(Sharecast News) - Carnival was awash in red ink at the start of the year even as it charted a course back towards full operations by summer.
Read moreBerenberg maintains target price on Carnival
23rd Dec 2021 10:44
(Sharecast News) - Analysts at Berenberg reiterated their 16.0p target price on cruise line operator Carnival on Thursday, stating the group's recovery was "beyond the horizon".
Read moreCarnival confident in year ahead after Q4 earnings miss
20th Dec 2021 14:23
(Sharecast News) - Cruise giant Carnival missed Wall Street expectations on fourth quarter earnings on Monday, with its net losses coming in at $2.6bn, and adjusted net losses at $2bn, although it did paint a brighter picture of the year ahead.
Read moreCMA to look into P&O and DFDS capacity sharing agreement
12th Nov 2021 09:39
(Sharecast News) - The Competition and Markets Authority has launched an investigation into whether or not a capacity sharing agreement with respect to driver-accompanied freight shipments on the Dover-Calais route between ferry operators P&O Ferries and DFDS had the potential to "prevent, restrict or distort" competition within the UK.
Read moreCarnival names John Padgett as Princess president
13th Oct 2021 09:32
(Sharecast News) - Cruise line operator Carnival said on Wednesday that John Padgett had been tapped to take over as president of Princess Cruises, effective immediately.
Read moreCarnival makes leadership appointments in UK, Australia
28th Sep 2021 10:50
(Sharecast News) - Carnival announced two appointments to its leadership team on Tuesday, naming industry veterans to lead operations for Carnival UK and Carnival Australia.
Read moreCruise operator Carnival posts $2bn loss for third quarter
24th Sep 2021 07:49
(Sharecast News) - Cruise operator Carnival reported a third-quarter adjusted net loss of $2bn on Friday but said that bookings for the second half of next year are above pre-pandemic levels.
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