And they were surprising! For Q3 Revenue of $2.1 Billion [17% increase from last year] Net Income of $356.8 million [55% increase from last year] Net Cruise Costs were down(a good thing) 2.3% and omitting fuel expenses, they were down 2.8% As a result, upon announcing these numbers that were above their prior guidance, their [...]

Carnival Corporation, the world largest cruise line, recently posted their 3rd Quarter earnings report. Lets take a look at the numbers. Total revenue was $4.4 billion. Up from $4.1 billion last year. Total net income was $1.3 billion yielding $1.62 per share. Up from $1.1 Billion last year. These numbers came as a slight surprise [...]

As we head into the weekend, I think this would be a good time to analyze the Cruise Line’s recent financial statements. Carnival Who better to start things off than the Industry leader and cash machine Carnival Corp. The Miami based firm reported a net income of $252 million ($0.32 per share) with total revenues [...]