Carnival Co. & (NYSE:CCL) Updates FY 2025 Earnings Guidance

Carnival Co. & (NYSE:CCL - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 1.830-1.830 for the period, compared to the consensus EPS estimate of 1.760. The company issued revenue guidance of -. Carnival Co. & also updated its FY25 guidance to $1.83 EPS.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Sanford C. Bernstein initiated coverage on shares of Carnival Co. & in a report on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 target price on the stock. Mizuho increased their price objective on Carnival Co. & from $32.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday. The Goldman Sachs Group lifted their target price on Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Wells Fargo & Company upped their target price on Carnival Co. & from $25.00 to $30.00 and gave the company an "overweight" rating in a report on Monday, December 16th. Finally, Morgan Stanley lifted their price target on Carnival Co. & from $20.00 to $22.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.72.

Remove Ads

Carnival Co. & Stock Down 0.9 %

Carnival Co. & stock traded down $0.19 during trading hours on Tuesday, hitting $21.25. The company had a trading volume of 18,802,590 shares, compared to its average volume of 26,259,650. Carnival Co. & has a fifty-two week low of $13.78 and a fifty-two week high of $28.72. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm has a market capitalization of $24.74 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 0.73 and a beta of 2.66. The firm's fifty day moving average is $24.07 and its 200-day moving average is $23.11.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. The business had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $5.74 billion. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. Carnival Co. &'s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.14) earnings per share. On average, research analysts forecast that Carnival Co. & will post 1.77 earnings per share for the current year.

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.