Carnival Co. & (NYSE:CCL) Issues Q4 2024 Earnings Guidance

Carnival Co. & (NYSE:CCL) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share guidance of 0.050-0.050 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of -. Carnival Co. & also updated its FY 2024 guidance to 1.330-1.330 EPS.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Stifel Nicolaus raised their price objective on Carnival Co. & from $25.00 to $27.00 and gave the stock a buy rating in a research report on Friday, September 20th. Argus increased their target price on Carnival Co. & from $20.00 to $25.00 and gave the stock a buy rating in a report on Thursday, June 27th. Susquehanna reissued a positive rating and issued a $22.00 target price on shares of Carnival Co. & in a report on Wednesday, June 26th. Hsbc Global Res raised Carnival Co. & to a moderate sell rating in a report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. increased their target price on Carnival Co. & from $23.00 to $25.00 and gave the stock an overweight rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, Carnival Co. & has an average rating of Moderate Buy and an average price target of $22.63.

Carnival Co. & Stock Down 3.5 %

Shares of NYSE:CCL traded down $0.64 during midday trading on Monday, reaching $17.90. The company had a trading volume of 31,514,968 shares, compared to its average volume of 29,786,840. The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 3.99. The business’s 50 day moving average price is $16.59 and its 200 day moving average price is $16.23. The stock has a market cap of $20.09 billion, a PE ratio of 28.52 and a beta of 2.68. Carnival Co. & has a 1-year low of $10.84 and a 1-year high of $19.74.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.