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Carnival announced record first-quarter results. Carnival is cash-flow-positive.
The latest trading day saw Carnival (CCL) settling at $14.46, representing a -0.07% change from its previous close.
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Torstein Hagen, Viking CEO, joins 'Squawk on the Street' to discuss why Hagen founded the company, whether the strategy of similar cruise ships will work over time, and the company's target demographic.
Carnival (CCL) reported earnings 30 days ago. What's next for the stock?
Carnival continues to report record revenue and demand. Its bottom-line results are quickly recovering from the pandemic.
Carnival kicked off fiscal 2024 with record trailing revenue, bookings, and customer deposits. The stock is now trading for just 10 times next fiscal year's earnings.
Occupancy is again above 100%. The company's financials continue to improve.
Carnival is seeing surging demand and posting record revenue. Debt and cyclicality are two key problems investors can't ignore.
Royal Caribbean is leading the $61 billion cruise industry's comeback. This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever recover.