Carnival (CCL) Reports Next Week: Wall Street Expects Earnings Growth

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].