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Carnival Corporation Ltd. Common Shares (CCL) earnings date & stock reaction

Carnival Corporation Ltd. Common Shares · Consumer Discretionary

Carnival Corporation Ltd. Common Shares earnings date & time

Next earningsFri, December 18 around 8:00 AM ET, before the openscheduled

Schedule

Korea time (KST)
Fri, December 18
Reporting pattern
12 of last 12 before open
Typical move
±5.6% · 12-report avg

What the market expects

Consensus EPS

$0.22Coming in above this counts as a beat

Year-ago quarter
$0.34→-35.3%
Guided EPS
$1.43→$0.20-86.0%
Full earnings calendarFrom an earnings calendar · Schedule last checked September 30

Price after the latest report

Reported September 29, 2026how the stock moved around it
Next-day move
+13.4%
After 5 days
+15.4%
Price around earnings

Carnival Corporation Ltd. Common Shares (CCL) rose the day after earnings in 7 of its last 12 reports (58%), moving ±5.6% on average. It has fallen despite beating the consensus estimate 5 times.

Up next day
7/12
58%
Fell despite growth
3/12
Good earnings ignored
Price when beating
+3.1%
avg over 12 beats
Price when missing
—
never missed
Avg earnings move
±5.6%
typical swing on earnings
Biggest single move
+13.4%
'26.9 · largest reaction
🔑What actually moves this stock?

Even when EPS beat expectations, the stock fell 3 of the last 6 times. The number alone doesn't move it.

What really matters here
Whether bookings beat the company's own outlook; occupancy
In finance terms: Bookings · RevPAR · occupancy
Growth · revenue (YoY by quarter, latest right)
+9%
25-06(May qtr)
+3%
25-09(Aug qtr)
+7%
25-12(Nov qtr)
+6%
26-03(Feb qtr)
+5%
26-06(May qtr)
+3%
26-09(Aug qtr)
Slowing · Growth slowed from +9% to +3%. It can fall even on a beat if it continues.
What to watch next report

When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Tends to run up in the week before earnings
Rose beforehand 8 of last 12 · avg +2.6% · expectations build early
Beating estimates doesn't always lift it
Up the next day 7 of 12 beats (58%)
vs Consumer Discretionary sector avg (218 peers)
This
+3.1%
Sector
+0.6%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

The number and guidance move the price about equally
Moved opposite to results 5 of last 12 times (42%)
5xBeat but fell
Even a beat sells off if guidance disappoints
0xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth3/12

5/12 beats fell next day · watches Bookings · RevPAR · occupancy

Next-day reaction
  • Aug 2026 report+13.4%
  • May 2026 report-4.9%
  • Feb 2026 report-4.3%
  • Nov 2025 report+9.8%
  • Aug 2025 report-4.0%
  • May 2025 report+6.9%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Jun–Aug 2026 results
Reported 2026-09-29
Next-day move
+13.4%
After 5 days +15.4%
EPS consensus $1.35 → $1.43 ▲ +5.9% beatRev $8.2B → $8.4B +3% YoY
Price around earnings

Earnings trend · last 12 quarters

EPS$1.43YoY 0%
'23.12'26.9
Revenue$8.4BYoY +3%
'23.12'26.9

Earnings history and price reaction

Carnival Corporation Ltd. Common Shares across its last 12 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
8/20262026-09-29+5.9%+13.4%+15.4%
5/20262026-06-23+21.1%-4.9%-3.3%
2/20262026-03-27—-4.3%+1.4%
11/20252025-12-19+36.0%+9.8%+8.3%
8/20252025-09-29+8.5%-4.0%-6.7%
5/20252025-06-24+45.3%+6.9%+17.0%

12 reports, quarters ending 11/2023 to 8/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next Carnival Corporation Ltd. Common Shares earnings date?

The next Carnival Corporation Ltd. Common Shares (CCL) earnings report is expected Fri, December 18 around 8:00 AM ET, before the open. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for Carnival Corporation Ltd. Common Shares's next earnings?

Analysts expect EPS of about $0.22 for Carnival Corporation Ltd. Common Shares (CCL). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does Carnival Corporation Ltd. Common Shares (CCL) stock usually go up after earnings?

Over the last 12 earnings reports, the stock rose on 7 of them (58%). The average move on earnings day was ±5.6%.

Does Carnival Corporation Ltd. Common Shares react more to the earnings numbers or to guidance?

In 5 of the last 12 reports (42%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can Carnival Corporation Ltd. Common Shares stock fall even when earnings are good?

Yes. In 3 of the last 12 reports, Carnival Corporation Ltd. Common Shares fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does Carnival Corporation Ltd. Common Shares stock keep moving after the earnings day?

Over the last 12 reports, the move continued in the same direction for the following five trading days 42% of the time. This tendency is known as post-earnings announcement drift.