2023-09-28 11:26:33 ET
- Cruise line operator Carnival ( NYSE: CCL ) is scheduled to announce Q3 earnings results on Friday, September 29th, before market open.
- The consensus EPS estimate is $0.73 and the consensus revenue estimate is $6.69 billion.
- Over the last 2 years, CCL has beaten EPS estimates 75% of the time and has beaten revenue estimates 50% of the time.
- Over the last 3 months, EPS estimates have seen 3 upward revisions and 7 downward. Revenue estimates have seen 6 upward revisions and 4 downward.
- The company on June 26 reported Q2 non-GAAP EPS of -$0.31, beating estimates by 2 cents. Revenue of $4.9 billion was more than double from last year and ahead of expectations by $130 million.
- CCL has a Quant rating of " STRONG BUY ", with a 4.67 rating score.
- CCL has an industry ranking of 3 out of 37 among hotels, resorts, and cruise lines stocks, as per SA's Quant ranking.
- Wall Street rates the CCL stock a " BUY " and Seeking Alpha authors rate it a " HOLD ".
- CCL stock fell 62.4% in 2022, while the benchmark S&P 500 Index slipped nearly 20% for the year.
- Stock is up 75.4% so far this year as of Wednesday's close and up 54.8% in the last 12 months.
Recent commentary on Carnival
For further details see:
Carnival Q3 earnings on deck, what to expect