Shares of Carnival Corp (NYSE:CCL) are consolidating Tuesday. This follows yesterday's sell-off of almost 4%. The move came after the company released earnings.Carnival is the Stock of the Day. It dropped back into a former trading range, and it looks like it may stay in it for a while.From early July through late August, the top of the range was around $30.70. There was resistance there.The bottom of the range was around $28.20. This was a support level.The top of a trading range is resistance. This is a p ...

Core Viewpoint - Carnival Corporation has received a stock rating upgrade to Positive by Susquehanna, with an increased price target from $30 to $35, indicating a favorable outlook for the company [1][5]. Financial Performance - Carnival has raised its full-year earnings forecast for the third consecutive quarter, now expecting an adjusted net income of approximately $2.93 billion, which is an increase of $235 million from its previous projection [2]. - This new earnings forecast exceeds analysts' expectations of $2.76 billion, suggesting strong forward bookings and improving net yields [2]. Stock Performance - Despite the positive financial outlook, Carnival's stock price is currently $29.40, reflecting a decrease of 3.98%, with a change of $1.22 [3][5]. - The stock has experienced significant volatility over the past year, with a high of $32.80 and a low of $15.07 [3]. Market Position - Carnival's market capitalization is approximately $38.45 billion, highlighting its substantial presence in the cruise industry [4]. - The trading volume for the day is 88.49 million shares, indicating active investor interest in the stock [4].

Core Insights - Carnival achieved a record net income of $1.9 billion, or $2 billion on an adjusted basis, marking an all-time high for the company [1] - The company reported a revenue of $8.2 billion in the fiscal third quarter, a 3% increase from the previous year, despite slightly lower capacity [2] - Carnival has delivered 10 consecutive quarters of record revenue and has consistently exceeded Wall Street profit targets for 12 straight reports [4] Financial Performance - The adjusted profit per share was $1.43, which was 9% above expectations, continuing a trend of positive surprises [1][6] - Carnival raised its guidance for adjusted earnings per share to $2.14, up from an initial target of $1.70 set in December [7] - The company experienced a 4.6% increase in net yields, another record high, contributing to the revenue growth [2][4] Market Reaction - Despite strong financial results, Carnival's stock fell 4% following the earnings report, indicating a disconnect between performance and market perception [5][6] - The year-over-year revenue growth of 3% was the weakest increase in over four years, raising concerns about Carnival's growth potential [12] - Analysts have adjusted profit targets higher post-report, indicating continued confidence in Carnival's future performance [13] Industry Context - The cruise line industry is recovering from significant challenges faced during the COVID-19 pandemic, with Carnival taking on debt to navigate the revenue-free phase [10] - Carnival's stock has risen nearly 60% over the past year, suggesting that the recent sell-off may be an overreaction [15] - The company is trading at less than 14 times this year's updated guidance, indicating potential value despite a debt-heavy balance sheet [16]

Core Points - Camila and Matthew McConaughey have been named godparents of the new Star Princess, continuing a tradition of iconic figures in the cruise industry [1][2] - The Star Princess is described as the most innovative ship in the Princess Cruises fleet, featuring a range of luxurious amenities and experiences [4][5] Company Overview - Princess Cruises is recognized as a leading cruise brand, known for delivering dream vacations and offering elite service across various sought-after destinations [9] - The company is part of Carnival Corporation & plc, which is publicly traded [9] Ship Details - The Star Princess has a capacity of 177,800 tons and can accommodate 4,300 guests, featuring 30 distinct dining and bar venues [4] - Unique offerings include The Sanctuary Collection, an adults-only pool deck, and a next-generation relaxation space called The Dome [4][5] - The ship will debut in the Mediterranean on October 4, 2025, and will subsequently operate Caribbean voyages starting November 7, 2025 [6] Brand Collaboration - The McConaugheys' Pantalones Organic Tequila will be featured in signature cocktails across the Princess fleet, including the popular 24K Gold Margarita [3]

The stock of Carnival (NYSE:CCL) fell 4% on Monday and has decreased by 9.5% over 21 trading days. The sell-off comes after the cruise line company posted better than expected quarterly results, but provided weaker than expected forecasts for net yield - which measures revenue from passengers after commissions and other costs per cruise day. The metric is closely watched, as it is a proxy for ticket pricing power and onboard spending trends. Separately, see – The GOOGL Stock Shareholder Jackpot.AVALON, CA - ...

Now with earnings this morning, record revenue adjusted earnings per share for the third quarter beat the average analyst estimate. The company raised its full year earnings forecast for the third straight quarter. You cited a record pace for forward bookings and improving net yields.What's going on with the stock today. Why are people selling. I don't know.You know, to be honest with you, you some of the headlines and truly it's only it's only some of the headlines. I mean, we did set a record for for dema ...

Now with earnings this morning, record revenue adjusted earnings per share for the third quarter beat the average analyst estimate. The company raised its full year earnings forecast for the third straight quarter. You cited a record pace for forward bookings and improving net yields.What's going on with the stock today. Why are people selling. I don't know.You know, to be honest with you, you some of the headlines and truly it's only it's only some of the headlines. I mean, we did set a record for for dema ...

格隆汇9月30日｜德意志银行：将嘉年华邮轮(CCL.US)目标价上调至34美元，此前为33美元。 ...

Group 1 - Morgan Stanley raised Carnival Corporation's target price from $39 to $42 [1]

Carnival Corporation shares fell Monday even after the company posted better-than-estimated results, lifted its outlook and said booking volumes were outpacing capacity growth by a wide margin. https://t.co/y8qWS8CoiT ...