Carnival PLC (CUK) surged 6.65% intraday following the release of its fiscal Q4 earnings report, which exceeded analyst expectations. The company reported adjusted earnings per share (EPS) of $0.34, significantly higher than the FactSet estimate of $0.25.
In addition to the earnings beat, Carnival provided optimistic guidance for fiscal 2026, forecasting adjusted EPS of approximately $2.48, slightly above the FactSet consensus of $2.44. This combination of strong quarterly performance and positive future outlook has fueled investor confidence, driving the stock higher.