CARNIVAL CORP (CCL) Earnings History & Surprises

NYSE:CCL • PA1436583006

25.79 USD
-1.37 (-5.04%)
At close: Mar 6, 2026
25.751 USD
-0.04 (-0.15%)
After Hours: 3/6/2026, 8:05:02 PM

Past quarterly earnings results for CARNIVAL CORP (CCL), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMar 19, 2026
PeriodQ1 / 2026
EPS Estimate$0.19
Revenue Estimate6.186B

Last Reported

Most Recent
Release DateDec 19, 2025
PeriodQ4 / 2025
EPS Reported$0.34
EPS Surprise 37.21%
Revenue Surprise -1.62%

Beat Rate

Last 8 Quarters
69%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.34 0.25 37.21% 142.86% 6.33B 6.434B -1.62% 6.60%
Q3 2025 1.43 1.34 6.99% 12.60% 8.153B 8.188B -0.43% 3.25%
Q2 2025 0.35 0.25 42.71% 218.18% 6.328B 6.27B 0.93% 9.46%
Q1 2025 0.13 0.02 531.87% 192.86% 5.81B 5.807B 0.05% 7.47%
Q4 2024 0.14 0.08 83.06% 300.00% 5.938B 5.991B -0.88% 10.02%
Q3 2024 1.27 1.17 8.20% 47.67% 7.896B 7.904B -0.10% 15.20%
Q2 2024 0.11 -0.02 758.87% 135.48% 5.781B 5.738B 0.75% 17.72%
Q1 2024 -0.14 -0.18 21.48% 74.55% 5.406B 5.481B -1.37% 21.98%
Q4 2023 -0.07 -0.13 46.63% 91.76% 5.397B 5.359B 0.71% 40.58%
Q3 2023 0.86 0.76 13.46% 248.28% 6.854B 6.76B 1.39% 59.21%
Q2 2023 -0.31 -0.34 9.80% 81.10% 4.911B 4.814B 2.01% 104.54%
Q1 2023 -0.55 -0.61 9.79% 66.87% 4.432B 4.376B 1.28% 173.07%
Q4 2022 -0.85 -0.88 2.94% 50.58% 3.839B 3.951B -2.83% 198.29%
Q3 2022 -0.58 -0.15 -291.26% 66.86% 4.305B 4.947B -12.98% 688.46%
Q2 2022 -1.64 -1.18 -38.72% 8.89% 2.401B 2.797B -14.16% 4,702.00%
Q1 2022 -1.66 -1.27 -30.73% 7.26% 1.623B 2.278B -28.75% 6,142.31%
Q4 2021 -1.72 -1.44 -19.08% 14.85% 1.287B 1.423B -9.56% 3,685.29%
Q3 2021 -1.75 -1.49 -17.31% 20.09% 546M 728.05M -25.01% 1,661.29%
Q2 2021 -1.80 -1.62 -11.19% 45.45% 50M 195.3M -74.40% -93.24%
Q1 2021 -1.79 -1.55 -15.14% -913.64% 26M 199.31M -86.95% -99.46%
Q4 2020 -2.02 -1.96 -3.07% - 34M 109.2M -68.86% -
Q3 2020 -2.19 -2.22 1.46% - 31M 71.888M -56.88% -
Q2 2020 -3.30 -2.29 -44.35% - 740M 395.19M 87.25% -
Q1 2020 0.22 0.26 -14.64% - 4.789B 4.725B 1.35% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

CCL EPS Q2Q GrowthCCL EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 200 -200 -400 -600 -800

Revenue Historical Q2Q growth and Acceleration

CCL Revenue Q2Q GrowthCCL Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 2K 4K 6K

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
154.69%
Max EPS beat (4)
531.88%
Min EPS beat (4)
6.99%

Revenue beat statistics

Revenue beat (4)
2
Average Revenue beat (4)
-0.27%
Max Revenue beat (4)
0.93%
Min Revenue beat (4)
-1.62%

Analysis

In the last 4 quarters, CCL has consistently beaten EPS estimates in all releases
CCL has beaten revenue estimates in 2 out of the last 4 releases
In the last 4 quarters, CCL has beaten the EPS estimates by 154.7% on average.
In the last 4 quarters, CCL reported -0.3% below the revenue estimates on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

CARNIVAL CORP / CCL Earnings FAQ

When did CARNIVAL CORP (CCL) report earnings last quarter?

CARNIVAL CORP (CCL) last reported earnings on 12/19/2025.


Did CARNIVAL CORP (CCL) beat earnings estimates last quarter?

CARNIVAL CORP (CCL) beat EPS estimates and missed revenue estimates in the most recent quarter.


How often does CARNIVAL CORP (CCL) beat earnings estimates?

In the last 4 quarters, CARNIVAL CORP (CCL) has beaten EPS estimates in 4 out of 4 releases.