Carnival Q2 Preview: Converging Uptrend Implies Near-Term Uncertainties - Reiterate Hold
CCL continues to trade sideways over the past few months, with the converging uptrend implying near-term uncertainties and decelerating buying momentum. This is despite the cruise liner's robust booking trends, growing customer deposits, higher net yields, and expanding Free Cash Flow generations. Much of the headwinds may be attributed to CCL's hefty debts and elevated interest expenses, with the Fed's uncertain pivot posing challenges for its bottom-line improvement.
3 Cruise Stocks to Buy Now: June 2024
It's been smooth sailing for most cruise stocks to buy now. Companies like Norwegian Cruise Lines (NYSE: NCLH ) report record bookings thanks to booming demand.
Unveiling Carnival (CCL) Q2 Outlook: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Carnival (CCL) for the quarter ended May 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
2 Growth Stocks That Could Skyrocket in 2024 and Beyond
The S&P 500 has soared to record highs in recent times, and growth stocks are leading the way. Some growth players haven't yet caught up, offering you bargain prices on solid long-term players.
Carnival (CCL) Exceeds Market Returns: Some Facts to Consider
Carnival (CCL) closed the most recent trading day at $15.95, moving +1.66% from the previous trading session.
Carnival (CCL) Expected to Beat Earnings Estimates: Should You Buy?
Carnival (CCL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carnival Corp. Q2 Preview: Assessing Debt Impacts On Growth Outlook
Cruise market demonstrates strong consumer spending with expected 10% increase in passengers. Carnival's popularity in the Caribbean, Alaska, and Europe zones boosts net yield, but Red Sea tensions impact earnings. Carnival's debt load remains a concern, with management focusing on reducing leverage ratios and interest coverage ratios.
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Are Cruise Ship Stocks a Buy This Summer?
Cruise ship stocks aren't for the faint of heart. They have a way of making investors queasy, but they've also proven to be rewarding at times.
Cruise Line Stocks Sink 7% on Wall Street Warning
Cruise stocks got crushed on Friday in response to a cautious note from Wall Street.
Why Are Cruise Stocks Down Today?
A range of cruise stocks are seeing some significant selling pressure build today, as investors price in analyst warnings on the sector. Analyst Andrew Didora of BofA released a note on the sector that is garnering significant attention today.
Carnival and Norwegian Stocks Are Sinking the S&P 500. Pricing May Be an Issue.
BofA analyst Andrew Didora noted “modestly softer pricing” based on early June cruise prices. Carnival and Norwegian are the worst and second-worst performers in the S&P 500 Friday.
