Carnival Stock Is Cruising Into 2025

The last earnings report out of the cruise line industry for the 2024 calendar year shows that folks still can't get enough of watery escapes. Carnival  (NYSE: CCL) (NYSE: CUK) posted its fiscal fourth-quarter results on Friday morning, and it once again exceeded expectations.

Carnival shares have more than tripled since the start of 2023. A strong report for the seasonally sleepy fall season is encouraging, and the world's largest cruise line operator continues to set new records for revenue, net yields, and bookings for future sailings. Indeed, the word "record" appears 17 times in its earnings release.

Let's take a closer look at how Carnival is now positioned heading into 2025.

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Source Fool.com