Carnival (CCL) Advances While Market Declines: Some Information for Investors

Company Performance - Carnival's stock closed at $22.41, reflecting a +1.66% increase from the previous day, outperforming the S&P 500's daily loss of 0.04% [1] - Over the past month, Carnival's shares have risen by 19.26%, surpassing the Consumer Discretionary sector's gain of 15.91% and the S&P 500's gain of 13.42% [1] Upcoming Earnings - Analysts expect Carnival to report an EPS of$ 0.23, representing a 109.09% increase compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $6.2 billion, which is a 7.19% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at$ 1.85 per share and revenue at $26.05 billion, indicating changes of +30.28% and +4.12% respectively from the prior year [3] - Recent revisions in analyst estimates suggest a favorable outlook on Carnival's business health and profitability [3] Valuation Metrics - Carnival has a Forward P/E ratio of 11.89, which is lower than its industry's Forward P/E of 19.23, indicating a valuation discount [5] - The company currently has a PEG ratio of 0.52, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.25 [6] Industry Context - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]