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

Carnival Co. & (NYSE:CCL) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 1.700-1.700 for the period, compared to the consensus EPS estimate of 1.740. The company issued revenue guidance of -. Carnival Co. & also updated its Q1 2025 guidance to 0.000-0.000 EPS.

Wall Street Analysts Forecast Growth

CCL has been the subject of a number of analyst reports. Truist Financial upped their price objective on shares of Carnival Co. & from $20.00 to $29.00 and gave the stock a “hold” rating in a research report on Monday, December 2nd. Citigroup increased their price target on Carnival Co. & from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research report on Tuesday, September 3rd. Stifel Nicolaus upped their target price on Carnival Co. & from $27.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, The Goldman Sachs Group lifted their price target on shares of Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.62.

Carnival Co. & Stock Up 6.4 %

Shares of NYSE:CCL opened at $26.80 on Friday. Carnival Co. & has a fifty-two week low of $13.78 and a fifty-two week high of $27.17. The firm’s 50 day moving average price is $24.03 and its 200 day moving average price is $19.49. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The stock has a market cap of $30.93 billion, a price-to-earnings ratio of 23.93 and a beta of 2.67.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The business had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The company’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the business earned ($0.07) EPS. As a group, equities research analysts predict that Carnival Co. & will post 1.33 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. The trade was a 21.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 11.00% of the company’s stock.

Carnival Co. & Company Profile

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.