Carnival Co. & (NYSE:CCL) Releases FY 2025 Earnings Guidance

Carnival Co. & (NYSE:CCL) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 1.830-1.830 for the period, compared to the consensus EPS estimate of 1.760. The company issued revenue guidance of -. Carnival Co. & also updated its FY25 guidance to $1.83 EPS.

Carnival Co. & Trading Down 3.7 %

Carnival Co. & stock traded down $0.79 during midday trading on Friday, reaching $20.41. The stock had a trading volume of 13,355,825 shares, compared to its average volume of 26,171,931. The firm’s fifty day simple moving average is $24.25 and its two-hundred day simple moving average is $22.91. Carnival Co. & has a twelve month low of $13.78 and a twelve month high of $28.72. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.29 and a quick ratio of 0.25. The firm has a market cap of $23.76 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 0.73 and a beta of 2.66.

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

Analyst Upgrades and Downgrades

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

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.