CCL Stock Recent News

Vacation-hungry travelers propelled Carnival (CCL -5.46%) to record-breaking revenue and cruise bookings in 2024. The company is capitalizing on an industry boom, with data showing a steady rise in first-time and repeat cruisers.

Carnival (CCL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Jim Cramer breaks down why he's keeping an eye on cruise line stocks.

CCL Industries Inc. (OTCPK:CCDBF) Q4 2024 Earnings Conference Call February 20, 2025 7:30 AM ET Company Participants Geoff Martin - President, Chief Executive Officer and Director Sean Washchuk - Chief Financial Officer and Senior Vice President Conference Call Participants Ahmed Abdullah - National Bank of Canada Nicolai Goroupitch - CIBC Capital Markets Sean Steuart - TD Cowen Jonathan Goldman - Deutsche Bank Daryl Young - Stifel Arthur Nagorny - RBC Capital Stephen MacLeod - BMO Michael Glen - Raymond James Operator Good morning, and welcome to CCL Industries Fourth Quarter Investor Update. Please note that there will be a question-and-answer session after the call.

Royal Caribbean was the hardest hit.

Fourth Quarter Highlights Per Class B share(3): $1.02 adjusted basic earnings up 5.2%; $1.01 basic earnings up 359.1%; $0.54 goodwill impairment loss in 2023 basic earnings; currency translation negative $0.01 per share Sales increased 9.0% on 6.8% organic growth, 1.4% acquisition growth and 0.8% positive currency translation CCL, Checkpoint and Innovia posted organic sales growth of 5.4%, 13.3%, and 20.2%, respectively, partly offset by an organic decline for Avery of 2.0% Operating income(1) improved 5.1%, with a 14.8% operating margin(1) down 50 bps 2024 Highlights Per Class B share(3): $4.32 adjusted basic earnings up 14.9%; $4.73 basic earnings up 58.2%; $0.44 revaluation gain included in 2024 basic earnings and $0.54 goodwill impairment loss in 2023 basic earnings; currency translation negative $0.02 per share Sales increased 9.0% on 6.1% organic growth, 2.3% acquisition growth and 0.6% positive currency translation Operating income(1) improved 13.0%, with a 15.8% operating margi

If you are looking to invest in the spirit of Valentine's Day, consider stocks like EAT, IPAR, VSCO, CCL and MAR.

Carnival (CCL -0.12%) (CUK 0.17%) has made a huge rebound in its business, and its stock is up more than 200% since bottoming out in 2020.

Carnival (CCL) closed at $25.61 in the latest trading session, marking a -1.88% move from the prior day.