Carnival Share Discussion Threads

[blueball] 30/9/2022 16:04

450p is my target.

[smurfy2001] 30/9/2022 15:53

During the third quarter of 2022, Carnival reported diluted earnings per share of -65 cents. That’s worse than the -13 cents per share that Wall Street was projecting. Even so, it’s an improvement compared to Q3 2021’s -$2.50 per share.

The company’s revenue of $4.31 billion also isn’t helping CCL stock today. That’s another miss next to analysts’ estimate of $5.07 billion for the period. On the bright side, it’s better than the $546 million in revenue reported during the same time last year.

[jan-mar] 30/9/2022 15:53

Strange that the chart since 2.30 fir Carnival, Norwegian and Royal Caribbean are virtually identical

[tutthetrader] 30/9/2022 15:47

Thats because they went into auction. Normally you can't trade whilst in auction

[jan-mar] 30/9/2022 15:27

I meant they were back trading you couldn't get a market fir a short time IG Index stopped fir about 10 minutes

[babbler] 30/9/2022 15:23

and back down. wow.

[jan-mar] 30/9/2022 15:17

Back up again

[jan-mar] 30/9/2022 15:15

Looks like you can't get a trade on the uk shares

[jan-mar] 30/9/2022 15:03

Well done the shorters who called it right, think the fall is a tad overdone

[kasamavic] 30/9/2022 15:03

Would have been nice to see 18% upside and not downside.

[tradejunkie2] 30/9/2022 14:59

My kitty cats are crying at the debt interest payment.

[bountyhunter] 30/9/2022 14:57

Well that went down like a lead balloon! Anyone would think a new pandemic had started!!!!

[smurfy2001] 30/9/2022 14:34

Q3 -$0.65 v -$0.12e, Rev $4.31B v $4.95Be

[smurfy2001] 30/9/2022 14:22

MIAMI, Sept. 30, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE:
CCL; NYSE: CUK) provides third quarter 2022 business update.

* U.S. GAAP net loss of $770 million and adjusted net loss of $688 million
for the third quarter of 2022.
* Adjusted EBITDA for the third quarter of 2022 was over $300 million,
turning positive for the first time since the resumption of guest cruise
operations and marking a significant milestone.
* Revenue increased by nearly 80% in the third quarter of 2022 compared to
second quarter 2022, reflecting continued sequential improvement.
* Occupancy in the third quarter of 2022 increased 15 percentage points from
the prior quarter.
* Since the announcement of the company's relaxed protocols in mid-August,
aligning the company towards land-based vacation alternatives, booking
volumes for all future sailings are considerably higher than strong 2019
levels.
* Third quarter 2022 ended with $7.4 billion of liquidity, including cash and
borrowings available under the company's revolving credit facility.

Weinstein noted, "During our third quarter our business continued its positive
trajectory, achieving over $300 million of adjusted EBITDA and reaching nearly
90% occupancy on our August sailings. We are continuing to close the gap to
2019 as we progress through the year, building occupancy on higher capacity and
lower unit costs."

Total customer deposits were $4.8 billion as of August 31, 2022, approaching
the $4.9 billion as of August 31, 2019, which was a record third quarter. New
bookings during the third quarter of 2022 primarily offset the historical third
quarter seasonal decline in customer deposits ($0.3 billion decline in the
third quarter of 2022 compared to $1.1 billion decline for the same period in
2019).

Given the seasonality of its business, the company expects a net loss and
breakeven to slightly negative adjusted EBITDA for the fourth quarter ending
November 30, 2022. Having achieved over $300 million adjusted EBITDA in the
third quarter, the company anticipates positive adjusted EBITDA for the second
half of 2022 despite the seasonality of its business and the increasing
investment in advertising to drive yields in 2023. Additionally, on a
year-over-year basis, the company expects improvement in adjusted EBITDA and
occupancy, with occupancy returning to historical levels during 2023.

[jan-mar] 30/9/2022 14:18

And it won't be good

[jan-mar] 30/9/2022 14:16

Looks like someone has news

[smurfy2001] 30/9/2022 13:58

Short interest increased on 27/09.

[jan-mar] 30/9/2022 13:56

What can we expect at 3pm

[smurfy2001] 27/9/2022 22:57

CARNIVAL CORPORATION & PLC TO PROVIDE THIRD QUARTER 2022 BUSINESS UPDATE

MIAMI, Sept. 23, 2022 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
has scheduled a conference call with analysts for Friday, September 30, 2022,
at 10 a.m. (EDT); 3 p.m. (BST) to provide a business update.

A simulcast of the call will be available via the company's websites at
www.carnivalcorp.com and www.carnivalplc.com.

[livewireplus] 21/9/2022 19:45

Guess there'll be a few fights on this cruise :PRINCESS CRUISES, FUJI SPORTS AND FUJI MATS FORM EXCLUSIVE PARTNERSHIP TO FACILITATE GLOBAL MARTIAL ARTS EXPERIENCES AT SEAThe First Princess and FUJI Adventures Cruise Takes Place January 7-14, 2023on Sky Princess in the Caribbean

[kasamavic] 21/9/2022 16:25

I'm not looking at shorting it.I'm looking at possible reasons why it should suddenly drop and next weeks results could be the reason.If it's priced in or better than expected then it should rally.Sell the rumour, buy the fact as opposed to buy the rumour, sell the fact.

[jan-mar] 21/9/2022 16:11

Must be bad news at Norwegian and Royal Caribbean, take out a short if you feel confident

[kasamavic] 21/9/2022 15:51

Looks like they're pricing in bad news for next week.

[smurfy2001] 20/9/2022 21:00

Norwegian Cruise Line Upgraded as Bookings Have 'Materially Increased' - Truist