Carnival (CUK) Touches 5-Year High on Earnings Blowout, Upbeat Outlook

We recently published 10 Firms in the Limelight. Carnival Corp. & PLC (NYSE:CUK) is one of the best performers on Friday.

Carnival Corp. soared to a new five-year high on Friday, as investors took heart from its robust earnings performance and upbeat outlook for next year.

At intra-day trading, the stock climbed to its highest price of $31.24 before trimming gains to finish the session just up by 17.63 percent at $30.96 apiece.

In an updated report, Carnival Corp. & PLC (NYSE:CUK) said that it grew its net income in the fourth quarter of fiscal year 2025 by 39 percent to $422 million from $303 million in the same period last year.

Total revenues increased by 6.8 percent to $6.3 billion from $5.9 billion year-on-year, on the back of strong revenues from passenger tickets, onboarding, and other services.

“2025 was a truly phenomenal year. We set new records across our business, achieved investment grade leverage metrics and, as announced … reinstated our dividend. These milestones reflect the collective strength of our cruise line portfolio and confidence in our long-term future,” said Carnival Corp. & PLC (NYSE:CUK) Josh Weinstein.

Following the results, the company said its board of directors approved the distribution of $0.15 dividend for shareholders as of Feb. 13, 2026 record, payable on Feb. 27, 2026.

For next year, Carnival Corp. & PLC (NYSE:CUK) is targeting to hit a 12 percent year-on-year growth in adjusted net income. Net yields, in constant currency, are expected to grow by 2.5 percent year-on-year compared with 2025.

For the first quarter, net yields are pegged at a 1.6 percent growth versus the same period in 2025.

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Disclosure: None. This article is originally published at Insider Monkey.