Core Insights - Holland America Line is enhancing its 2026 Grand Voyages by incorporating members of its Culinary Ambassador program, featuring renowned chefs and culinary experts [1][3][4] Culinary Enhancements - The Grand World Voyage will include Chef Masaharu Morimoto, Chef Ethan Stowell, and Master Tea Blender Steve Schwartz, while Chocolatier Jacques Torres will join the Grand Australia and New Zealand Voyage [1][6][7] - Guests will have opportunities for live cooking demonstrations, coffee chats, and exclusive dining experiences with the Culinary Ambassadors [4][10][12][13] Special Events - On March 7, 2026, both Grand Voyages will converge in Sydney, where Torres will host a "Chocolate Teatime" for guests [2][7] - Holland America Line executives will participate in special events during the Pacific Coast segment of the Grand World Voyage, including a Q&A session and itinerary reveal for the 2028 Grand World Voyage [8] Itinerary Options - The 2026 Grand World Voyage offers 10 shorter segments ranging from 14 to 72 days, allowing guests to customize their experience [4][15] - The Grand Australia and New Zealand Voyage provides two segments of 33 or 60 days [4][15] Themed Celebrations - Both Grand Voyages will feature gala balls and themed celebrations for various holidays, enhancing the onboard experience [9]

Core Viewpoint - Carnival Corporation & plc is preparing to release its quarterly earnings on September 29, 2025, with analysts estimating an EPS of $1.31 and projected revenue of approximately $8.09 billion [1][6] Financial Performance - Carnival's stock has surged about 216% over the past three years but remains 57% below its all-time highs from 2018, primarily due to managing a substantial debt of $27 billion [2][6] - The company has a price-to-earnings (P/E) ratio of approximately 15.96 and a price-to-sales ratio of about 1.53, indicating the market's valuation of its sales [3][6] - The enterprise value to sales ratio stands at around 2.55, while the enterprise value to operating cash flow ratio is approximately 12.21, reflecting cash flow efficiency [3] Financial Ratios - Carnival's debt-to-equity ratio is approximately 2.86, highlighting its financial leverage, and a current ratio of around 0.34 indicates its ability to cover short-term liabilities [4] - The company's earnings yield is about 6.27%, providing insight into the return on investment [4] Market Outlook - The upcoming earnings report is crucial, as a positive surprise could boost the stock price, while a shortfall might lead to a decline [4] - Management's discussion during the earnings call will be vital for assessing the sustainability of price changes and future earnings projections [5] - Declining interest rates may alleviate some concerns regarding high debt levels, but the key question remains whether demand for Carnival's services will persist long enough to reduce its debt [5]

Core Viewpoint - Carnival Corporation (CCL) shares are experiencing an upward trend, with positive expectations ahead of the third-quarter results set to be released on September 29, 2025 [1]. Group 1: Analyst Insights - Stifel analyst Steven M. Wieczynski has reiterated a Buy rating on CCL, increasing the price forecast from $34 to $38, citing strong close-in demand and pricing as key factors for a potential earnings beat [1][2]. - Wieczynski notes that booking trends remain healthy, with no observed weakening in onboard spending, countering recent concerns about softer pricing and demand for 2026 [2]. - The analyst believes that Carnival shares are undervalued and identifies multiple positive catalysts expected over the next six to twelve months [3]. Group 2: Financial Projections - Wieczynski anticipates that 2025 yields could exceed 5.5%, which would likely result in EBITDA slightly surpassing company guidance, projecting $6.99 billion against guidance of approximately $6.9 billion [4]. - The analyst sees a viable path for Carnival to regain investment-grade status by year-end, which could facilitate capital returns through dividends or buybacks [4]. - There is potential for Carnival to refinance higher-cost borrowings into lower-cost debt, leading to significant interest savings and enhancing the equity story [5]. Group 3: Current Market Performance - As of the latest publication, Carnival shares are trading higher by 0.59%, reaching $30.89 [5].

Core Viewpoint - Carnival Corporation (CCL) shares are experiencing an upward trend, with positive expectations for upcoming earnings results and strong demand in the market [1][2]. Group 1: Earnings and Analyst Predictions - Carnival is set to release its third-quarter results on September 29, 2025, with expectations of a "beat-and-raise" setup due to strong close-in demand and pricing [1]. - Stifel analyst Steven M. Wieczynski has reiterated a Buy rating on CCL, raising the price forecast from $34 to $38, indicating confidence in the company's performance [1]. - Wieczynski predicts that 2025 yields could exceed 5.5%, which would result in EBITDA slightly above company guidance, estimating $6.99 billion compared to the guidance of around $6.9 billion [4]. Group 2: Market Trends and Financial Health - Booking trends for Carnival remain healthy, with no observed weakening in onboard spending, countering recent concerns about pricing and demand for 2026 [2]. - The analyst believes that Carnival shares are currently undervalued, with several positive catalysts expected in the next six to twelve months [3]. - There is a viable path for Carnival to regain an investment-grade rating by the end of the year, which could facilitate capital returns through dividends or buybacks [4]. Group 3: Cost Management and Financial Strategy - Carnival has the potential to reduce higher-cost borrowings and refinance into lower-cost debt, leading to significant interest savings and enhancing the equity story [5]. - As of the publication date, Carnival shares are trading higher by 0.59% at $30.89, reflecting positive market sentiment [5].

Group 1 - Stifel raised the target price for Carnival Corporation from $34 to $38 while maintaining a "Buy" rating [1]

Group 1 - Major consumer and tech companies are set to report earnings in the upcoming week, with Costco Wholesale Corporation reporting on Thursday after market close and Accenture plc Class A (Ireland) before market open [1] - Micron Technology Inc. will kick off the earnings reports on Tuesday after market close, while Nike Inc. will conclude the reporting next Tuesday after market close [1] - Carnival Corporation and Carnival Plc ADS will report pre-market next Monday, amidst a moderately dense earnings schedule [1]

There's one thing holding back investors today.Carnival Corp. (CCL) (CUK 0.11%) stock has proven the naysayers wrong from a few years ago and has bounced back in a big way from 2022 lows. It's up roughly 216% over the past three years and has become a rare turnaround story. However, it's still 57% off its all-time highs set back in 2018 as it continues to repay its standing debt of $27 billion.Big news is expected at the end of the month that could help it get even closer to its previous highs. You might wa ...

Core Viewpoint - BofA Securities maintains a Buy rating on Carnival Corporation with a price target of $38, anticipating results in line with consensus for the third-quarter earnings report on September 29 [1] Group 1: Industry Insights - Recent industry commentary presents mixed signals, with Royal Caribbean showing a softer yield outlook while Norwegian Cruise Line aligns more closely with forecasts [1] - Both operators indicate strength in close-in bookings and onboard spending [1] Group 2: Company Performance Indicators - BofA's internal card data reveals that monthly cruise spending growth accelerated to 11.9% year-on-year in August, up from 9% in July, which is expected to support Carnival's results [2] - The bullish outlook on Carnival is attributed to strong fundamentals, the launch of Celebration Key in July providing a yield tailwind, ongoing deleveraging with limited capital expenditures, and an attractive valuation at 8.5x estimated 2026 EBITDAR compared to a historical average of 10x [2]

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Carnival, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Carnival is expected to report quarterly earnings of $1.31 per share, reflecting a +3.2% change year-over-year, with revenues projected at $8.05 billion, up 2% from the previous year [3]. - The consensus EPS estimate has been revised 2.8% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +3.34% for Carnival, suggesting analysts are optimistic about the company's earnings prospects [12]. - A positive Earnings ESP combined with a Zacks Rank of 2 indicates a high likelihood of beating the consensus EPS estimate [12][10]. Historical Performance - Carnival has consistently beaten consensus EPS estimates, achieving a surprise of +45.83% in the last reported quarter [13][14]. - Over the last four quarters, the company has surpassed consensus EPS estimates each time [14]. Conclusion - Carnival is positioned as a strong candidate for an earnings beat, but investors should consider additional factors influencing stock performance beyond earnings results [15][17].

Group 1 - Major market movers include Micron Technology Inc. after the close on Tuesday [1] - Accenture plc Class A (Ireland) is set to report pre-market [1] - Costco Wholesale Corporation will report after the close on Thursday, noted for having the highest earnings density [1] Group 2 - Next Monday will focus on the leisure sector, with Carnival Corporation and Carnival Plc ADS reporting pre-market [1]