$CCL just posted record Q3 revenue and $2B to the bottom line. Yields grew 2.5%, beating guidance on strong close-in demand. The balance sheet is getting repaired: total debt is now below $24B. Fuel consumption is down 26% vs. 2019. 2027 bookings are already h

$CCL just posted record Q3 revenue and $2B to the bottom line. Yields grew 2.5%, beating guidance on strong close-in demand. The balance sheet is getting repaired: total debt is now below $24B. Fuel consumption is down 26% vs. 2019. 2027 bookings are already half filled, locking in record occupancy and pricing years in advance. Seeking Alpha Quant Rating: Hold. High Profitability is offset by weak Momentum and Growth grades. Is the turnaround fully priced in? ▻