Carnival (CCL) beat on EPS but missed on sales and guidance expectations in earnings. Sam Vadas outlines what the report signifies for the greater cruise line industry.
Carnival Corporation (CCL) is the global cruise leader, boasting 40% market share and a diversified brand portfolio. CCL has achieved record revenues, robust net income growth, and met its investment-grade leverage target, enabling dividend reinstatement and a $2.5B buyback. Net yield outperformance is the key earnings driver, with a 1% beat translating to a 10% positive swing on quarterly earnings.
Carnival Corporation & plc CCL is scheduled to release second-quarter fiscal 2026 results on June 23. The Zacks Consensus Estimate for CCL's fiscal second-quarter earnings per share (EPS) is pegged at 35 cents, in line with the year-ago quarter.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Carnival (CCL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended May 2026.
Carnival (CCL) closed at $30.9 in the latest trading session, marking a +2.59% move from the prior day.
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 (CCL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors looking for stocks in the Leisure and Recreation Services sector might want to consider either Carnival (CCL) or Vail Resorts (MTN). But which of these two companies is the best option for those looking for undervalued stocks?
The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Carnival (CCL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?