Carnival Forecasts Q1 EBITDA of $1.26 B and EPS of $0.17 as Fuel Costs Rise

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Carnival Corporation will report Q1 earnings on March 27 with BofA forecasting $1.26 billion EBITDA and $0.17 EPS, while rising fuel costs could cut 2026 EBITDA by $650 million and EPS by $0.47. Princess Cruises unveiled six 2027–28 South America departures aboard Majestic Princess, visiting 19 destinations, 15 UNESCO sites and Antarctica.

1. Q1 Earnings Preview

Carnival Corporation is set to report first-quarter earnings on March 27, with Bank of America forecasting $1.26 billion in EBITDA and $0.17 in EPS. Analysts expect commentary on near-term demand and regional pricing trends alongside fuel costs.

2. Fuel Cost Impact and Forecasts

Bank of America cut its 2026 EBITDA estimate by $650 million and lowered EPS by $0.47, citing higher fuel costs. Carnival’s exposure implies a 10% fuel price shift could alter first-quarter net income by $37 million and 2026 results by $145 million.

3. Princess Cruises Unveils 2027–28 South America Season

Princess Cruises will operate six departures aboard Majestic Princess from October 2027 through January 2028, offering voyages of 15–37 days. The season covers 19 destinations in eight countries, includes 15 UNESCO World Heritage sites and extended stops in the Antarctic Peninsula to drive long-term bookings.

Sources

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