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CARNIVAL (CUK)

Earnings summaries and quarterly performance for CARNIVAL.

Research analysts who have asked questions during CARNIVAL earnings calls.

James Hardiman

Citigroup

4 questions for CUK

Also covers: BC, CCL, CWH +14 more

Robin Farley

UBS

4 questions for CUK

Also covers: CCL, CHH, DKNG +17 more

Steven Wieczynski

Stifel

4 questions for CUK

Also covers: BYD, CCL, CZR +11 more

Frederick Wightman

Wolfe Research, LLC

3 questions for CUK

Also covers: BC, CCL, DOOO +9 more

Jaime Katz

Morningstar

3 questions for CUK

Also covers: BC, CCL, DOOO +5 more

Benjamin Chaiken

Mizuho Financial Group, Inc.

2 questions for CUK

Also covers: BYD, CCL, CHDN +14 more

Brandt Montour

Barclays PLC

2 questions for CUK

Also covers: BALY, BYD, CCL +23 more

David Katz

Jefferies Financial Group Inc.

2 questions for CUK

Also covers: AGS, BALY, BYD +34 more

Ali Naqvi

HSBC Holdings plc

1 question for CUK

Also covers: DUFRY

Assia Georgieva

Infinity Research

1 question for CUK

Also covers: CCL, OSW, VIK

Charles Scholes

Not Disclosed

1 question for CUK

Also covers: ABNB, CERT, CHH +8 more

Christopher Stathoulopoulos

Susquehanna Financial Group

1 question for CUK

Also covers: AER, ALGT, ALK +8 more

Daniel Politzer

Wells Fargo

1 question for CUK

Also covers: BYD, CCL, CHDN +20 more

Matthew Boss

JPMorgan Chase & Co.

1 question for CUK

Also covers: , AEO, ANF +38 more

Patrick Scholes

Truist Financial Corporation

1 question for CUK

Also covers: CCL, CHH, H +12 more

Paul Golding

Macquarie Capital

1 question for CUK

Also covers: CIFR, CLSK, CORZ +11 more

Stephen Grambling

Morgan Stanley

1 question for CUK

Also covers: BC, BYD, CHH +21 more

Vince Ciepiel

Cleveland Research Company

1 question for CUK

Also covers: CCL, NCLH, RCL +1 more

Recent press releases and 8-K filings for CUK.

Carnival Corporation & plc Closes $1.25 Billion Notes Offering and Announces Redemption of Existing Notes
CUK
Debt Issuance
  • Carnival Corporation & plc closed a private offering of $1.25 billion aggregate principal amount of 5.125% senior unsecured notes due 2029 on October 15, 2025.
  • The company will use the proceeds from this offering, combined with cash on hand, to redeem all $2.0 billion of its outstanding 6.000% senior unsecured notes due 2029.
  • The redemption of the 6.000% notes is set for November 1, 2025, at a price of 101.500% of the principal amount, plus accrued interest, as part of a strategy to reduce interest expense.
Oct 15, 2025, 8:18 PM
Carnival Corporation & plc Reports Record Q3 2025 Financial Results and Raises Full-Year Outlook
CUK
Earnings
Guidance Update
Debt Issuance
  • Carnival Corporation & plc reported record net income of $1.9 billion and adjusted net income of $2.0 billion for Q3 2025, alongside record revenues of $8.2 billion.
  • The company raised its full year 2025 adjusted net income guidance for the third time, now projected to increase by nearly 55 percent year over year, with adjusted EBITDA expected to reach approximately $7.05 billion.
  • Strong demand drove net yields (in constant currency) 4.6 percent higher than 2024 in Q3 2025, and the advanced booked position for 2026 remains robust at historical high prices.
  • In Q3 2025, Carnival refinanced $4.5 billion of debt and prepaid an additional $0.7 billion, contributing to a net debt to adjusted EBITDA ratio improvement to 3.6x as of August 31, 2025.
Sep 29, 2025, 1:16 PM

Quarterly earnings call transcripts for CARNIVAL.

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