Carnival (NYSE:CUK) Announces Quarterly Earnings Results

Key Points

• Carnival reported earnings of $1.43 per share for the quarter, with a return on equity of 27.88% and a net margin of 9.72%. The company has updated its FY 2025 EPS guidance to 2.140.
• Carnival's stock traded down 3.4% on the day of the earnings report, reaching $26.71, amidst higher than average trading volume.
• Institutional investors own 23.80% of Carnival's stock, with notable increases in stakes from hedge funds like Northwestern Mutual and Tower Research Capital.

Carnival (NYSE:CUK - Get Free Report) posted its earnings results on Monday. The company reported $1.43 earnings per share (EPS) for the quarter, Zacks reports. Carnival had a return on equity of 27.88% and a net margin of 9.72%. Carnival updated its FY 2025 guidance to 2.140-2.140 EPS and its Q4 2025 guidance to 0.230-0.230 EPS.

Carnival Trading Down 3.4%

CUK traded down $0.95 during mid-day trading on Monday, hitting $26.71. 2,703,461 shares of the stock were exchanged, compared to its average volume of 1,898,624. The firm's fifty day moving average is $27.88 and its two-hundred day moving average is $22.94. Carnival has a 1-year low of $13.65 and a 1-year high of $29.80. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58. The company has a market cap of $5.03 billion, a PE ratio of 14.44 and a beta of 2.76.

Insider Transactions at Carnival

In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director owned 64,406 shares of the company's stock, valued at $1,916,078.50. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Carnival

Hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in Carnival in the 2nd quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. raised its position in Carnival by 188.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company's stock valued at $28,000 after purchasing an additional 729 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Carnival by 70.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company's stock valued at $43,000 after purchasing an additional 688 shares in the last quarter. Osaic Holdings Inc. raised its position in Carnival by 36.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,717 shares of the company's stock valued at $44,000 after purchasing an additional 459 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in Carnival in the 2nd quarter valued at about $297,000. Institutional investors and hedge funds own 23.80% of the company's stock.

Carnival Company Profile

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.

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