Similar companies
| Company | Revenue | |
|---|---|---|
 |
Carnival Cruise LineCCL |
5.75B 17.3% |
Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 5.78B | 6.9% |
| Gross Profit | 1.35B | 24% |
| Cost of Revenue | 4.43B | 2.6% |
| Operating expense | 789M | 3% |
| Net Income | 92M | 143% |
| EBITDA | 1.19B | 34.5% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 49.6B | 0.3% |
| Total Liabilities | 42.8B | 0.7% |
| Total Equity | 6.81B | 2% |
| Shares Outstanding | 1.27B | 0.6% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.04B | 15.3% |
| Cash from financing | -1.42B | 699.2% |
EPS
Financial Highlights for Carnival Corporation in Q2 '24
Carnival Corporation reported a revenue of 5.78B, which is a 6.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.35B, marking a 24% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.43B, a 2.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 789M, showing a -3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 92M, showing a 143% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.19B, showing a 34.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Carnival Corporation with growth in revenue, gross profit, and net income.
