Carnival Corporation Ltd
CCL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| r# | LOCK|@^!> | LOCK|@<x^$L& |
Carnival Earnings: Launch of Propel Initiative, Lift in Yields Indicate Consumers Still Cruising
Carnival's first quarter included yield and cost growth of 6.7% and 5.7%, respectively, leading to adjusted EPS of $0.20, ahead of its $0.17 forecast. It also revealed its Propel program, aiming for above 16% ROIC, above 50% EPS growth, and the return of about $14 billion to shareholders by 2029.
