Q1 EPS Estimates for Carnival Co. & Reduced by William Blair

Carnival Co. & plc (NYSE:CCL) – Equities research analysts at William Blair dropped their Q1 2025 earnings per share estimates for Carnival Co. & in a research report issued on Monday, March 10th. William Blair analyst S. Zackfia now anticipates that the company will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.02. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.77 per share. William Blair also issued estimates for Carnival Co. &’s FY2025 earnings at $1.76 EPS.

Carnival Co. & (NYSE:CCL) last issued its earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.07) earnings per share.

Other research analysts have also recently issued research reports about the company. Wells Fargo & Company lifted their target price on Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. The Goldman Sachs Group lifted their target price on Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Morgan Stanley lifted their target price on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research report on Wednesday, January 8th. Barclays boosted their price objective on Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Finally, Sanford C. Bernstein began coverage on Carnival Co. & in a research report on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $27.11.

Carnival Co. & Trading Down 2.1 %

NYSE CCL opened at $19.10 on Thursday. The company has a market cap of $22.23 billion, a price-to-earnings ratio of 13.74, a P/E/G ratio of 0.73 and a beta of 2.66. Carnival Co. & has a 52 week low of $13.78 and a 52 week high of $28.72. The business has a 50 day moving average price of $24.60 and a 200-day moving average price of $22.77. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80.

Hedge Funds Weigh In On Carnival Co. &

A number of institutional investors and hedge funds have recently modified their holdings of the company. PKO Investment Management Joint Stock Co purchased a new position in shares of Carnival Co. & in the 4th quarter worth $2,243,000. Centaurus Financial Inc. purchased a new position in shares of Carnival Co. & in the 4th quarter worth $348,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Carnival Co. & in the 4th quarter worth $11,249,000. Jefferies Financial Group Inc. purchased a new position in Carnival Co. & during the fourth quarter valued at $353,000. Finally, Advisor Resource Council purchased a new position in Carnival Co. & during the fourth quarter valued at $541,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Company Profile

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.