Carnival Corporation Ltd.(CCL)Earnings Date, History & Expected MoveNYSE
Next report date, beat rate and options-implied move
CCL is scheduled to report on Dec 18, 2026, usually before the market opens. This date is a projection and has not been confirmed in the earnings calendar.
EPS: Actual vs Estimate
Reported earnings per share against the consensus estimate, last 12 quarters.
Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.
Stock Reaction After Earnings
Close-to-close move in the first session that reflected each report.
Dashed lines mark the average actual move (±5.6%).
Did the stock rise after good news?
"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.
In plain words: it beat expectations 12 times, but the stock still fell 5 of those 12 times.
- Sep '26Beat▲ +13.4%
- Jun '26Beat▼ -4.9%
- Mar '26Beat▼ -4.3%
- Dec '25Beat▲ +9.8%
- Sep '25Beat▼ -4.0%
- Jun '25Beat▲ +6.9%
- Mar '25Beat▼ -1.2%
- Dec '24Beat▲ +6.4%
- Sep '24Beat▼ -0.3%
- Jun '24Beat▲ +8.7%
- Mar '24Beat▲ +0.9%
- Dec '23Beat▲ +6.2%
Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.
Why did CCL fall after beating earnings?
Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.
CCL beat EPS estimates in 12 quarters, and the stock still closed lower the next day 5 times. In 3 of the 5 where we have price data, the stock had already run up before the report.
- Jun 23, 2026EPS beat +20.6%→stock -4.9% next day
- It had risen 15.3% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 9.2% lower as soon as trading resumed.
- Mar 27, 2026EPS beat +11.1%→stock -4.3% next day
- It opened 2.8% lower as soon as trading resumed.
- Sep 29, 2025EPS beat +8.3%→stock -4.0% next day
- It opened 5.2% higher, but sellers took over and it closed -4.0%.
- Mar 21, 2025EPS beat +550.0%→stock -1.2% next day
- It had risen 10.9% in the final week before the report, so good news may already have been priced in.
- It opened 3.8% lower as soon as trading resumed.
- Sep 30, 2024EPS beat +10.4%→stock -0.3% next day
- It had risen 12.1% in the 20 trading sessions before the report, so good news may already have been priced in.
These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.
Was CCL's earnings move already priced in?
Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.
“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.
Before vs after each report
Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.
Past reports only: this shows what happened, not what will happen.
Does CCL hold its opening gap after earnings?
A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.
In 10 reports CCL opened at least 1% away from the previous close. It gave back half or more of that gap by the close 3 of 10 times (30%), and fully reversed 2 times. Gaps up faded 1 of 6; gaps down recovered 2 of 4.
- Sep 29, 2026HeldOpened +10.2%, closed +13.4%
- Jun 23, 2026HeldOpened -9.2%, closed -4.9%
- Mar 27, 2026HeldOpened -2.8%, closed -4.3%
- Sep 29, 2025ReversedOpened +5.2%, closed -4.0%
- Jun 24, 2025HeldOpened +4.3%, closed +6.9%
- Mar 21, 2025FadedOpened -3.8%, closed -1.2%
- Dec 20, 2024HeldOpened +2.4%, closed +6.4%
- Jun 25, 2024HeldOpened +3.8%, closed +8.7%
Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.
What the history says
- CCL has beaten EPS estimates in 12 straight quarters.
- It fell after 5 of its 12 EPS beats (42%): beating estimates has not been enough on its own.
CCL earnings history
Last 12 reported quarters with the stock's reaction.
Swipe sideways to see every column →
| Report date | Time | EPS est. | EPS actual | Surprise | 1-day move | 3-day move |
|---|---|---|---|---|---|---|
| Sep 29, 2026 | Before open | $1.35 | $1.43 | +5.9% | +13.41% | +13.23% |
| Jun 23, 2026 | Before open | $0.34 | $0.41 | +20.6% | -4.87% | -5.73% |
| Mar 27, 2026 | Before open | $0.18 | $0.20 | +11.1% | -4.31% | +2.37% |
| Dec 19, 2025 | Before open | $0.25 | $0.34 | +36.0% | +9.81% | +11.71% |
| Sep 29, 2025 | Before open | $1.32 | $1.43 | +8.3% | -3.98% | -7.38% |
| Jun 24, 2025 | Before open | $0.24 | $0.35 | +45.8% | +6.91% | +8.86% |
| Mar 21, 2025 | Before open | $0.02 | $0.13 | +550.0% | -1.23% | +0.28% |
| Dec 20, 2024 | Before open | $0.07 | $0.14 | +100.0% | +6.43% | +2.42% |
| Sep 30, 2024 | Before open | $1.15 | $1.27 | +10.4% | -0.32% | -4.48% |
| Jun 25, 2024 | Before open | -$0.02 | $0.11 | +650.0% | +8.72% | +13.54% |
| Mar 27, 2024 | Before open | -$0.18 | -$0.14 | +22.2% | +0.94% | -4.52% |
| Dec 21, 2023 | Before open | -$0.13 | -$0.07 | +46.2% | +6.20% | +2.99% |
CCL Earnings FAQ
Answers computed from Carnival Corporation Ltd.'s reported history
CCL is scheduled to report on Dec 18, 2026, usually before the market opens. This date is a projection and has not been confirmed in the earnings calendar.
Over the last 12 quarters with a usable EPS surprise, CCL beat the consensus estimate 12 times (100%), missed 0 and landed in line 0. It has beaten estimates in each of the last 12 counted quarters.
Across its last 12 quarters with a measured reaction, CCL moved an average of ±5.6% in the first session after reporting. It closed higher 58% of the time; the largest gain was 13.4% and the largest drop -4.9%.
CCL fell in the first session after 5 of its last 12 EPS beats (42%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 3 of the 5 of those falls where price data is available, the stock had already risen before the report.
Across its last 12 quarters with price data, CCL moved an average of +3.0% in the 20 trading sessions before reporting and was higher in 67% of them. After a run-up of 3% or more (7 quarters), it fell the next day 29% of the time, averaging +3.9%. After a drop of 3% or more (4 quarters), it rose the next day 25% of the time, averaging +1.0%. This describes past reports; it is not a forecast.
In 10 reports CCL opened at least 1% away from the previous close. It gave back half or more of that gap by the close 3 of 10 times (30%), and fully reversed 2 times. A fade means the opening move was partly undone during the first session.
How we calculate these numbers
Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.