Investors Heavily Search Carnival Corporation (CCL): Here is What You Need to Know

Core Viewpoint - Carnival has been trending in stock searches, prompting analysis of factors influencing its future stock performance [1] Earnings Estimates Revisions - Carnival is expected to report earnings of $0.24 per share for the current quarter, reflecting a year-over-year increase of +71.4% [5] - The consensus earnings estimate for the current fiscal year is $2.15, indicating a +51.4% change from the previous year [5] - For the next fiscal year, the earnings estimate is $2.4, showing an increase of +11.7% from the prior year [6] - The Zacks Consensus Estimate has increased by +7.8% over the last 30 days for the current quarter and +1.4% for the current fiscal year [5][6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $6.36 billion, representing a year-over-year increase of +7.1% [11] - For the current fiscal year, the sales estimate is $26.64 billion (+6.5%), and for the next fiscal year, it is $27.8 billion (+4.3%) [11] Last Reported Results and Surprise History - Carnival reported revenues of $8.15 billion in the last quarter, a +3.3% increase year-over-year, with an EPS of $1.43 compared to $1.27 a year ago [12] - The company exceeded the Zacks Consensus Estimate for revenues by +0.99% and for EPS by +8.33% [12] - Carnival has consistently beaten consensus EPS and revenue estimates in the last four quarters [13] Valuation - Carnival is graded A on the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [17] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [15][16] Conclusion - The Zacks Rank 1 suggests that Carnival may outperform the broader market in the near term, making it a stock worth monitoring [18]