Carnival Co. & (NYSE:CCL) Issues Q4 2024 Earnings Guidance

Carnival Co. & (NYSE:CCL) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided EPS guidance of 0.050-0.050 for the period, compared to the consensus EPS estimate of 0.070. The company issued revenue guidance of -. Carnival Co. & also updated its FY 2024 guidance to 1.330-1.330 EPS.

Carnival Co. & Stock Down 0.3 %

Shares of CCL opened at $18.49 on Tuesday. The company has a market capitalization of $20.75 billion, a P/E ratio of 28.45 and a beta of 2.68. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.28 and a quick ratio of 0.24. Carnival Co. & has a one year low of $10.84 and a one year high of $19.74. The business’s 50 day simple moving average is $16.60 and its 200-day simple moving average is $16.24.

Wall Street Analyst Weigh In

Several research firms have issued reports on CCL. Citigroup upped their price objective on Carnival Co. & from $18.00 to $22.00 and gave the stock a buy rating in a report on Wednesday, June 26th. Hsbc Global Res raised Carnival Co. & to a moderate sell rating in a report on Tuesday, September 3rd. Argus upped their price objective on Carnival Co. & from $20.00 to $25.00 and gave the stock a buy rating in a report on Thursday, June 27th. Mizuho upped their price objective on Carnival Co. & from $22.00 to $25.00 and gave the stock an outperform rating in a report on Thursday, September 19th. Finally, JPMorgan Chase & Co. upped their price objective on Carnival Co. & from $23.00 to $25.00 and gave the stock an overweight rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus price target of $22.63.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.