Carnival Corporation stock reports record third-quarter revenue
Published on 09/30/2026 at 07:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carnival Corporation stock is tied to record third-quarter 2026 revenue of USD 8.435 billion and GAAP net income of USD 1.920 billion for the period ended August 31, 2026. StockTitan reported the figures on September 29, 2026, alongside record net yields and an updated full-year outlook.
Record revenue meets higher guidance
The revenue result increased from USD 8.153 billion in the year-ago quarter to USD 8.435 billion, a USD 282.0 million gain. GAAP diluted earnings per share rose from USD 1.33 to USD 1.40, while adjusted EPS was USD 1.43, unchanged from the prior-year quarter.
According to Investing.com on September 29, 2026, adjusted EPS exceeded the USD 1.35 consensus estimate by USD 0.08, equal to a 5.93 percent beat. Revenue also surpassed the USD 8.39 billion forecast by USD 0.05 billion.
Demand improves as fuel costs rise
Carnival's constant-currency net yields rose 2.40 percent year over year in the third quarter, while gross margin yields fell 1.30 percent. Cruise costs per available lower berth day increased 4.20 percent, reflecting higher fuel prices.
Customer deposits reached a third-quarter record of USD 7.6 billion, up USD 0.5 billion from the prior-year record. The company also reported 2027 booked occupancy and pricing at record levels, strengthening visibility beyond the current reporting period.
Analysts weigh the fuel risk
Yahoo Finance reported on September 27, 2026, that Bank of America lowered its Carnival price target from USD 42.00 to USD 38.00 while retaining a Buy rating. The report cited rising costs ahead of the third-quarter release.
Carnival raised its full-year 2026 adjusted EPS guidance to USD 2.24 from USD 2.22, according to Investing.com. The outlook incorporates a USD 150 million fuel headwind, making cost control as important as continued booking growth.
Market cap reaches USD 34.4 billion
Carnival Corporation had a market capitalization of USD 34.4 billion as of September 29, 2026. The company trades under ticker CCL on the NYSE, and its cruise portfolio spans Carnival Cruise Line, Princess Cruises, Holland America Line, AIDA, Costa and Cunard.
Carnival Corporation stock at a glance
- Company: Carnival Corporation Ltd.
- ISIN: PA1436583006
- Ticker: CCL
- Primary exchange: NYSE
- Market capitalization: USD 34.4 billion (as of September 29, 2026)
- Sector / Industry: Consumer Cyclical / Travel Services
- Index membership: S&P 500
