Carnival Share Discussion Threads

[wad collector] 05/1/2015 08:44

Finally breached £30 again - it has been a while.

[wad collector] 02/1/2015 22:36

From 2 weeks ago;

Carnival Corporation & plc Reports Significantly Higher Full Year Earnings

Carnival Corporation & plc today reported its results for the fourth quarter and
full year ended November 30, 2014. The results of Carnival Corporation and
Carnival plc have been consolidated and include results on a U.S. GAAP and non-U.S.
GAAP basis.

Full Year and 4Q Highlights
* FY 2014 non-GAAP earnings per share (diluted) of $1.96, compared to $1.58
for the prior year
* 4Q net revenue yields increased 2.8% (constant dollars) compared to the
prior year, which was better than September guidance, up 1.5 to 2.5%
* 4Q net cruise costs excluding fuel per available lower berth day ("ALBD")
decreased 1.7% (constant dollars) compared to the prior year, which was in
line with September guidance, down 1 to 2%
* 4Q non-GAAP (diluted) earnings per share of $0.27, compared to $0.04 for the
prior year

2015 Outlook
* At this time, cumulative advance bookings for the first three quarters of
2015 are ahead of the prior year at slightly higher prices
* FY 2015 net revenue yields are expected to be up approximately 2% (constant
dollars) compared to the prior year
* FY 2015 net cruise costs excluding fuel per ALBD are expected to be up
approximately 3% (constant dollars) compared to the prior year
* FY 2015 non-GAAP earnings per share (diluted) are expected to be in the
range of $2.30 to $2.60, compared to $1.96 for 2014
* 1Q 2015 non-GAAP earnings per share (diluted) are expected to be in the
range of $0.07 to $0.11, compared to $0.00 in 1Q 2014

[grahamburn] 18/12/2014 09:06

Results are tomorrow as per the company's RNS last Friday.

[broadwood] 18/12/2014 07:54

Results later.

[tiptv1] 10/12/2014 15:38

What do Zak and Moose have to say about it?

[broadwood] 10/12/2014 08:17

Oh don't stop de Carnival.

[grahamburn] 28/11/2014 19:20

No it didn't happen today, though the oil price continued to weaken. However, the outcome of the OPEC meeting yesterday has effectively confirmed that low (even extremely low) oil prices are here to stay for the foreseeable future.

[wad collector] 28/11/2014 17:32

Up 123p today after Wall St opened .... wonder what that was about. Low oil prices obviously good news for Carnival but that didn't happen today.

[wad collector] 18/11/2014 21:33

Sadly MIATA does not seem to be around to see the price hit a 3 yr high today. I hope he is cruising rather than underground.

free stock charts from uk.advfn.com

We are still way off the highs of a decade ago though , especially allowing for inflation.

[wad collector] 13/11/2014 11:08

Looks like going to test the 1 yr , 2 yr and 4 yr highs pretty soon. Low oil prices?

[wad collector] 20/10/2014 23:14

Sell says the Telegraph at £22 last week citing Ebola fears.

[lollipop3] 07/10/2014 14:58

Been on 3 cruise now,it always seems full & busy,must be time to buy the shares

[wad collector] 06/8/2014 21:35

Sizzling BB! Dollar to sterling weakness is not helping the yield (I notice the advfn figures are wrong- sadly the yield is over-stated as the last yrs dividends are $1 not £1). Thought about adding on recent weakness , but this is very vulnerable to oil prices , exchange rates , sinking ships. I will sit on my small holding for now.

[wad collector] 20/5/2014 21:39

Nothing like sitting on fences. You would hope that any broker dealing in your money would be a bit cautious!

[broadwood] 20/5/2014 08:21

Something's going on. Broker upgrade?

[miata] 26/3/2014 07:00

Or something.

"Carnival Corp was dragged into the red by fuel derivatives in the first quarter and is warning of the potential for further negative earnings in the next three months."

The $15m net loss, down sharply from the $37 million profit it reported in the same period a year prior included $17 million in losses on fuel derivatives.

Looking to the second quarter and beyond Carnival expects earnings to remain weak in the short term but to improve in the long run.

26 Mar 2014 Carnival PLC CCL Jefferies International Underperform 2,343.00 2,343.00 2,050.00 2,050.00

26 Mar 2014 Carnival PLC CCL Deutsche Bank Buy 2,343.00 2,343.00 2,830.00 2,830.00

[wad collector] 25/3/2014 21:56

As you say , seemed above expectations. The unpredictability of the market.
At this point I expect MIATA will point out that the dollar to yen ratio is the culprit as it has exceeded the 100 day moving average compared to Brent Crude.
Or something.

[broadwood] 25/3/2014 15:24

Strange reaction.




Carnival earnings 'better than anticipated'

25th March 2014, 13:26

Cruise shipping giant Carnival Corporation & plc posts non-GAAP net income of $2m for the first quarter - down from $67m a year ago.

The company reports a US GAPP net loss, which included net unrealized losses on fuel derivatives of $17m, of $15m for the quarter, compared with US GAAP net income of $37m last time.

Revenues of $3.6bn were in line with last year and the company said cumulative advance bookings for the remainder of 2014 are ahead of the prior year at prices below prior year levels.

Net revenue yields on a constant dollar basis are expected to be down slightly for full year 2014 compared to the prior year while net cruise costs excluding fuel per ALBD are expected to be slightly higher for full year 2014 compared to the prior year on a constant dollar basis.

Full year 2014 non-GAAP earnings per share (diluted) are expected to be in the range of $1.50 to $1.70, compared to $1.58 for 2013.

Carnival Corporation & plc president and chief executive Arnold Donald said that first quarter non-GAAP earnings were better than anticipated in the company's December guidance due to better than expected ticket prices for Carnival Cruise Lines and its continental European brands, as well as the timing of certain expenses.

He added: ""We see progress with our continental European brands and continue to be pleased with Carnival Cruise Lines' pace of improvement. Exciting product innovations and strategic marketing initiatives at Carnival Cruise Lines have driven strong close-in demand resulting in sequential improvement in year-over-year quarterly ticket prices for the brand."

"We have experienced a solid wave season, with booking volumes up almost 20 percent globally surpassing last year's cumulative advance booking levels, albeit at lower prices. Many guests are booking further in advance, which increases visibility and builds confidence that yield comparisons will turn positive in the second half of 2014. Increased interest across our brands is an encouraging indication that our message is resonating as consumers recognise the strong value proposition and exceptional vacation experiences we provide."

"We are on the path toward improved financial performance. We are working hard to maintain the momentum with additional product initiatives, continuous improvement in our already high guest satisfaction levels and greater utilisation of our global scale."

[miata] 25/3/2014 13:23

Q1 loss of 2 cents per share.

2Q 2014 non-GAAP earnings (loss) per share (diluted) expected to be in the
range of $(0.02) to $0.02, compared to $0.07 for 2Q 2013

Shares down 4%.

[miata] 25/3/2014 10:48

Carnival has said it expects a loss of between seven and 11 cents per share for the quarter that ended Feb. 28. Analysts expect an eight-cent loss per share.

Nomura reckon the key issue is how much inventory is left to sell in the 2Q.

Following the results announcement there is a webcast/conference call with analysts at 10:00 am EDT; 2:00pm GMT.

[broadwood] 25/3/2014 10:15

Reporting later today.

[broadwood] 18/3/2014 15:34

Up on relief they can still sail to St Petersburg I guess. Not sure about the Black Sea ports though.

[broadwood] 11/2/2014 07:29

Spoiling the party?

Jefferies International Carnival PLC 11/02/2014
Downgrades
Hold Underperform -1 2,000.00 2,050.00 2,537.00 50 -1