Carnival Corporation (CCL) is Attracting Investor Attention: Here is What You Should Know

Core Viewpoint - Carnival's stock has shown a modest return of +1.7% over the past month, underperforming the S&P 500's +2.7% and the Leisure and Recreation Services industry's +4.9% [1] Earnings Estimates Revisions - Carnival is expected to report earnings of $1.31 per share for the current quarter, reflecting a year-over-year increase of +3.2% [4] - The consensus earnings estimate for the current fiscal year is $2, indicating a significant year-over-year change of +40.9% [4] - For the next fiscal year, the consensus estimate is $2.28, suggesting a +13.8% increase from the previous year [5] - The Zacks Rank for Carnival is 1 (Strong Buy), indicating a positive outlook based on recent earnings estimate revisions [6] Projected Revenue Growth - The consensus sales estimate for the current quarter is $8.05 billion, representing a year-over-year change of +2% [10] - For the current fiscal year, revenue estimates are $26.49 billion, indicating a +5.9% change, while the next fiscal year's estimate is $27.44 billion, reflecting a +3.6% change [10] Last Reported Results and Surprise History - In the last reported quarter, Carnival generated revenues of $6.33 billion, a +9.5% increase year-over-year, and an EPS of $0.35 compared to $0.11 a year ago [11] - The company exceeded the Zacks Consensus Estimate for revenues by +1.97% and for EPS by +45.83% [11] - Carnival has consistently beaten consensus EPS and revenue estimates over the last four quarters [12] Valuation - Carnival is graded A on the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [16]