Carnival Co. & (NYSE:CCL) Updates FY25 Earnings Guidance

Carnival Co. & (NYSE:CCL) updated its FY25 earnings guidance on Friday. The company provided EPS guidance of $1.83 for the period, compared to the consensus EPS estimate of $1.79. Carnival Co. & also updated its FY 2025 guidance to 1.830-1.830 EPS.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Mizuho boosted their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company increased their price objective on Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. The Goldman Sachs Group lifted their target price on Carnival Co. & from $24.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Truist Financial increased their price target on Carnival Co. & from $29.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Finally, Loop Capital initiated coverage on shares of Carnival Co. & in a research note on Tuesday, February 4th. They issued a “hold” rating and a $25.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $26.89.

Carnival Co. & Price Performance

Shares of NYSE:CCL opened at $21.02 on Friday. The firm has a market capitalization of $24.47 billion, a PE ratio of 15.12, a P/E/G ratio of 0.73 and a beta of 2.66. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The company has a 50-day moving average price of $24.19 and a two-hundred day moving average price of $22.99. Carnival Co. & has a twelve month low of $13.78 and a twelve month high of $28.72.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. The business 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%. Carnival Co. &’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.14) EPS. Equities analysts forecast that Carnival Co. & will post 1.77 EPS for the current year.

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.