Carnival Co. & (NYSE:CCL) Releases FY25 Earnings Guidance

Carnival Co. & (NYSE:CCL) updated its FY25 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $1.83 for the period, compared to the consensus estimate of $1.79. Carnival Co. & also updated its Q2 guidance to $0.22 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. The Goldman Sachs Group raised their price objective on Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. William Blair reiterated an “outperform” rating on shares of Carnival Co. & in a report on Monday, March 10th. Barclays lifted their price target on Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Wells Fargo & Company lifted their price target on Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Finally, Sanford C. Bernstein started coverage on Carnival Co. & in a report on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 target price for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.89.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $20.16 on Friday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The firm has a market cap of $23.47 billion, a P/E ratio of 14.39, a P/E/G ratio of 0.73 and a beta of 2.66. The business’s fifty day moving average is $24.25 and its two-hundred day moving average is $22.91. Carnival Co. & has a 52 week low of $13.78 and a 52 week high of $28.72.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.81 billion for the quarter, compared to analyst estimates of $5.74 billion. During the same quarter in the prior year, the firm posted ($0.14) earnings per share. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. Equities research analysts forecast that Carnival Co. & will post 1.77 earnings per share for the current fiscal year.

Carnival Co. & Company Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.