Carnival (CCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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I won't sugarcoat it: Leading cruise line operator Carnival Corporation (CCL -1.95%) has been a poor long-term investment.
In the most recent trading session, Carnival (CCL) closed at $19.10, indicating a +0.1% shift from the previous trading day.
In the closing of the recent trading day, Carnival (CCL) stood at $22.34, denoting a +1.96% change from the preceding trading day.
Carnival (CCL 1.83%) (CUK 1.88%) is the largest cruise operator in the world, but this industry leader has had a rough few years. Its business has rebounded, but there are some leftover effects that are still weighing on its financial statements.
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Carnival's stock fell due to tax fears, but no immediate tax hits are expected, making the dip likely irrational. The cruise line's booming business and strong bookings for 2025 and 2026 support a bullish outlook, despite potential minimal tax impacts. Carnival's net debt reduction and high EPS growth potential make it an attractive investment.
Carnival's strong consumer demand, record booking trends, and strategic investments in fleet enhancements fuel optimism. Yet, cost pressures ail.
Carnival (CCL) reachead $23.63 at the closing of the latest trading day, reflecting a +1.77% change compared to its last close.
Carnival Corp: Shaping Up Value, Shipping Out Debt