Carnival (NYSE:CCL) Issues FY 2025 Earnings Guidance

Carnival (NYSE:CCL) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.970-1.970 for the period, compared to the consensus EPS estimate of 1.870. The company issued revenue guidance of -. Carnival also updated its Q3 2025 guidance to 1.300-1.300 EPS.

Carnival Trading Down 0.7%

Shares of CCL stock opened at $25.51 on Thursday. The company has a quick ratio of 0.21, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. Carnival has a fifty-two week low of $13.78 and a fifty-two week high of $28.72. The firm’s 50 day moving average price is $21.89 and its two-hundred day moving average price is $22.83. The stock has a market cap of $29.76 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of 0.57 and a beta of 2.58.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Tuesday, June 24th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.11. Carnival had a return on equity of 27.88% and a net margin of 9.72%. The company had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.20 billion. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. On average, analysts anticipate that Carnival will post 1.77 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Citigroup reiterated a “hold” rating on shares of Carnival in a research note on Monday. Wall Street Zen upgraded Carnival from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. William Blair restated an “outperform” rating on shares of Carnival in a research note on Monday, March 10th. Macquarie reduced their target price on Carnival from $31.00 to $26.00 and set an “outperform” rating on the stock in a report on Friday, May 9th. Finally, Tigress Financial reiterated a “buy” rating on shares of Carnival in a research report on Wednesday, March 26th. Nine analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.68.

Institutional Investors Weigh In On Carnival

Several hedge funds have recently modified their holdings of CCL. Woodline Partners LP increased its stake in Carnival by 41.9% in the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after purchasing an additional 26,141 shares in the last quarter. Empowered Funds LLC lifted its stake in Carnival by 61.6% during the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after buying an additional 11,601 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Carnival in the first quarter worth about $228,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Carnival by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock worth $2,191,000 after buying an additional 5,435 shares during the period. 67.19% of the stock is owned by hedge funds and other institutional investors.

About Carnival

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.