Carnival

Carnival says aggressive fuel-efficiency measures, not hedging, are its primary defense against surging oil prices and reports a record net income of $1.9 billion in Q3. The company has reduced unit fuel consumption by 26% since 2019, estimating about $700 million in savings for 2026, while projecting higher fuel costs in Q4. Rivals Royal Caribbean and Norwegian rely more on hedging to manage fuel-price volatility but also expect rising fuel expenses into the holiday season. » Altro su cnbc.com

Carnival reported record third-quarter revenue of $8.44 billion and adjusted earnings per share of $1.43, beating expectations, while adjusted EBITDA stagnated due to higher fuel costs. Management under CEO Josh Weinstein slightly raised the fiscal-year outlook, reported record booking intake and announced buybacks and early bond repayments, which drove debt significantly lower and led S&P to raise the rating to investment grade. Analysts expect moderate revenue and EBITDA growth for 2026/27; risks remain high fuel prices and possible interest-rate hikes that could weigh on booking behavior and margins. » Altro su finanzen.net

Carnival beat expectations in the 3rd quarter of 2026 with revenue of $8.43 billion and earnings per share of $1.43. The company also recorded an all-time high in customer deposits and record bookings for 2027, despite high oil prices. Subsidiary Princess Cruises introduced the first native app integration in ChatGPT among cruise lines. » Altro su finanzen.net