Carnival Co. & (NYSE:CCL) Issues FY25 Earnings Guidance

Carnival Co. & (NYSE:CCL) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $1.83 for the period, compared to the consensus estimate of $1.79. Carnival Co. & also updated its FY 2025 guidance to 1.830-1.830 EPS.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CCL. Stifel Nicolaus reduced their price objective on shares of Carnival Co. & from $34.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Truist Financial upped their price target on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, January 24th. William Blair restated an “outperform” rating on shares of Carnival Co. & in a research report on Monday, March 10th. Morgan Stanley upped their target price on Carnival Co. & from $20.00 to $22.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 8th. Finally, Wells Fargo & Company lifted their price target on Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $26.89.

Carnival Co. & Trading Down 0.9 %

Shares of CCL stock opened at $21.02 on Friday. The company has a current ratio of 0.29, a quick ratio of 0.25 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 stock has a market capitalization of $24.47 billion, a P/E ratio of 15.12, a P/E/G ratio of 0.73 and a beta of 2.66. The firm’s 50 day moving average is $24.19 and its 200 day moving average is $22.94.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings data on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. The company had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Carnival Co. &’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.14) earnings per share. Research analysts expect 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.