Similar companies
| Company | Revenue | |
|---|---|---|
 |
Carnival Cruise LineCCL |
7.88B 37.1% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 7.9B | 36.6% |
| Gross Profit | 3.59B | 166.3% |
| Cost of Revenue | 4.3B | 2.9% |
| Operating expense | 1.42B | 79.3% |
| Net Income | 1.74B | 1785.9% |
| EBITDA | 2.82B | 140.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 49.8B | 0.4% |
| Total Liabilities | 41.2B | 3.7% |
| Total Equity | 8.6B | 26.2% |
| Shares Outstanding | 1.4B | 10.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.21B | 40.9% |
| Cash from financing | -770M | 45.8% |
EPS
Financial Highlights for Carnival Corporation in Q3 '24
Carnival Corporation reported a revenue of 7.9B, which is a 36.6% 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 3.59B, marking a 166.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.3B, a -2.9% 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 1.42B, showing a 79.3% 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 1.74B, showing a 1785.9% 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 2.82B, showing a 140.9% 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. Higher operating expenses might indicate increased investments or potential inefficiencies.
