Carnival Co. & (CCL) Projected to Post Earnings on Friday

Carnival Co. & (NYSE:CCL) is anticipated to release its earnings data before the market opens on Friday, March 21st. Analysts expect Carnival Co. & to post earnings of $0.02 per share and revenue of $5.74 billion for the quarter. Carnival Co. & has set its Q1 2025 guidance at 0.000-0.000 EPS and its FY 2025 guidance at 1.700-1.700 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The firm had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.07) earnings per share. On average, analysts expect Carnival Co. & to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Carnival Co. & Stock Down 2.1 %

Shares of NYSE:CCL opened at $19.10 on Friday. The stock has a market cap of $22.23 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 0.73 and a beta of 2.66. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. Carnival Co. & has a 12-month low of $13.78 and a 12-month high of $28.72. The business’s 50 day moving average is $24.60 and its 200 day moving average is $22.77.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. William Blair reaffirmed an “outperform” rating on shares of Carnival Co. & in a research report on Monday. Sanford C. Bernstein started coverage on Carnival Co. & in a report on Tuesday, November 26th. They set a “market perform” rating and a $26.00 price target on the stock. Barclays lifted their price target on Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. Morgan Stanley lifted their price target on Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, January 8th. Finally, Loop Capital started coverage on Carnival Co. & in a report on Tuesday, February 4th. They set a “hold” rating and a $25.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.11.

About Carnival Co. &

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.