Carnival Earnings Beat Estimates. Why the Stock Fell (but Not All That Much).
Carnival stock was falling after the company reported earnings that beat analyst expectations, but its fourth-quarter outlook came in light. The cruise operator reported a profit of $1.27 per share in its third quarter,
Carnival Stock Cruises to Another Beat-and-Raise Performance
It's the second-strongest quarter in Carnival's history. Adjusted earnings per share climbed 48% to reach $1.27 a share. It's just the latest strong performance since Carnival returned to normal operations in the wake of the prolonged pandemic-related shutdown.
Analysts retool Carnival stock price targets ahead of earnings
Josh Weinstein has said it before and he's going to say it again. The president and CEO of Carnival CCL was speaking to analysts in June after the world's largest cruise company reported second-quarter earnings.
Carnival’s stock drops as downbeat yields outlook offsets an earnings beat on record revenue
Shares of Carnival Corp. dropped 4% in early trading Monday, after the cruise operator reported record fiscal third-quarter revenue that beat expectations, but provided a downbeat outlook for yields in the current quarter.
Carnival's Record-Setting Quarter Offset by Weak Net Yield Outlook
Key Takeaways Carnival Corp. set records for operating income and adjusted EBITDA, but its shares slipped Monday on weak net yield guidance.The cruise operator beat third-quarter estimates for earnings and revenue as both ticket sales and other sales grew.
Carnival Posts Higher-Than-Expected Third-Quarter Results, Lifts Full-Year Earnings Outlook
Carnival (CCL, CUK) reported stronger-than-expected fiscal third-quarter results on Monday amid strong demand while raising its full-year earnings guidance. Revenue climbed to a record $7.9 billion for the three months ended Aug.
Carnival Stock Retreats After Earnings Beat, Raised Guidance
Carnival cleared Q3 views and lifted its guidance as bookings pick up. But shares fell from near a buy point while rivals also trade around buy zones.
Is It Too Late to Buy Carnival Stock Now?
Few stocks were hit as hard by the pandemic as Carnival (NYSE: CCL), the world's largest cruise line operator. Carnival ...
Carnival’s stock drops as downbeat net yields outlook offsets record revenue
Carnival’s stock took a hit Monday, after the cruise operator reported record fiscal third-quarter revenue that beat ...
Carnival Stock Slips After Record-Setting Quarter Offset by Weak Outlook
Carnival Corp. set records for operating income and adjusted EBITDA, but its shares slipped Monday on its net yield guidance.
Is Carnival Stock Going to $27? One Wall Street Analyst Thinks So.
As the company continues to pay down debt and reduce costs, more earnings growth should send the share price higher. The ...
Is Carnival Stock Too Risky?
Is Carnival stock too risky? For the highly risk-averse investor, probably. But for most investors, it looks like an ...
Carnival Corporation: A Nuanced Financial Outlook Leading to an Underweight Stock Rating
In a report released today, Jamie Rollo from Morgan Stanley maintained a Sell rating on Carnival (CCL – Research Report), with a price ...
The Motley Fool5d
Can Carnival Stock Cruise Higher Next Week?
Carnival will report results for its seasonally ... but it did more than double last year. How big is the cruise line stock's fiscal third quarter? Its guidance in June calls for a reported ...
Money Morning1d
Three Stocks: Apple, Nike, and Carnival
Carnival Cruise Lines (CCL) took a wild ride on Monday as shares dropped more than 6% during the day. The stock closed just 0 ...
Carnival’s Strong Earnings and Positive Future Bookings Justify Buy Rating
Analyst Daniel Politzer of Wells Fargo assigned a Buy rating on Carnival (CCL – Research Report), with a price target of $24.00. Daniel ...