Carnival (CCL)
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Carnival: Rallying Confidently Above The Pessimism
Seeking Alpha· 2024-10-02 12:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Is It Too Late to Buy Carnival Stock Now?
The Motley Fool· 2024-10-02 09:14
Carnival has rebounded from the pandemic. Can the cruise stock keep moving higher?Few stocks were hit as hard by the pandemic as Carnival (CCL -2.49%), the world's largest cruise line operator. Carnival shares rebounded substantially from the nadir during the pandemic as the stock has more than doubled from its low two years ago.However, the travel stock arguably still has a lot of ground to make up as it's still down 65% from its pre-pandemic levels. Is it too late to buy Carnival or will the stock keep mo ...
Carnival Tops Q3 Earnings & Revenue Estimates, Raises '24 View
ZACKS· 2024-10-01 16:16
Carnival Corporation & plc (CCL) reported impressive third-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The upside was primarily backed by sustained demand strength and increased booking volumes.Owing to strong demand and cost-saving opportunities, the company raised its full-year 2024 adjusted EBITDA guidance. Management expects net yields, at constant currency, to increase around 10.4% compare ...
Carnival Posts Strong Q3 Earnings, Analysts Suspect 'Some Conservatism Built Into Q4 Guidance'
Benzinga· 2024-10-01 15:30
Shares of Carnival Corp CCL tanked in early trading on Tuesday, even after the company reported upbeat third-quarter earnings.The Miami-based company reported its results amid an exciting earnings season. Here are some key analyst takeaways.Truist Securities analyst Patrick Scholes reiterated a Hold rating and price target of $20.Morgan Stanley analyst Jamie Rollo maintained an Underweight rating, while raising the price target from $15.00 to $16.50.Stifel analyst Steven M. Wieczynski reaffirmed a Buy ratin ...
Good Q3 for the Stock Market; Can Q4 Keep Up the Pace?
ZACKS· 2024-09-30 23:06
Monday, September 30th, 2024Market fortunes resumed on this last trading day of September and calendar Q3. New all-time high closes on the Dow and S&P 500 again lead the way into Q4. The Dow eked out +17 points, +0.04%, to 42,330, while the S&P led all major indexes, +0.42%, to 5762. The Nasdaq rose +0.38% on the day, still -3% from its all-time highs back in July of this year, as it is with the small-cap Russell 2000, +0.09% for the session.A Very Brief History of Q3 in the Stock MarketCalendar third quart ...
Carnival (CCL) - 2024 Q3 - Earnings Call Transcript
2024-09-30 18:01
Carnival Corporation & plc (NYSE:CCL) Q3 2024 Earnings Conference Call September 30, 2024 10:00 AM ET Company Participants Beth Roberts - SVP, IR Josh Weinstein - President, CEO and Chief Climate Officer David Bernstein - CFO and CAO Conference Call Participants Matthew Boss - JPMorgan Steve Wieczynski - Stifel Robin Farley - UBS Ben Chaiken - Mizuho Securities James Hardiman - Citi Patrick Scholes - Truist Securities Brandt Montour - Barclays Conor Cunningham - Melius Research David Katz - Jefferies Jaime ...
Carnival (CCL) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-09-30 16:00
For the quarter ended August 2024, Carnival (CCL) reported revenue of $7.9 billion, up 15.2% over the same period last year. EPS came in at $1.27, compared to $0.86 in the year-ago quarter.The reported revenue represents a surprise of +1.04% over the Zacks Consensus Estimate of $7.81 billion. With the consensus EPS estimate being $1.17, the EPS surprise was +8.55%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...
Carnival Stock Cruises to Another Beat-and-Raise Performance
The Motley Fool· 2024-09-30 15:45
The largest cruise line operator tops its earlier guidance and raises the bar.The coast is clear for Carnival (CCL -3.45%) (CUK -3.85%) investors who were holding out for fresh financials to kick off the new trading week. The world's largest cruise line operator delivered a solid report for its fiscal third-quarter results on Monday morning, topping expectations on both ends of the income statement.The strong performance isn't really a surprise. A record $8.3 billion in customer deposits at the end of May a ...
Carnival (CCL) - 2024 Q3 - Quarterly Report
2024-09-30 15:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-9610 Commission file number: 001-15136 | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------ ...
Carnival (CCL) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-09-30 15:25
Carnival (CCL) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.55%. A quarter ago, it was expected that this cruise operator would post a loss of $0.01 per share when it actually produced earnings of $0.11, delivering a surprise of 1,200%.Over the last four quarters, the company has ...