Carnival Corporation & plc Reports Record Second Quarter Results
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June 26, 2018 7:00 AM EDT
Susquehanna lowered its price target on Carnival Corporation (NYSE: CCL) to $74.00 (from $76.00) while maintaining a Positive rating.
Analyst Rachael Rothman notes shares sold off 8% as the bears continued to pressure the stock on the Caribbean oversupply thesis.
"Although... More
June 26, 2018 6:49 AM EDT
Deutsche Bank lowered its price target on Carnival Corporation (NYSE: CCL) to $68.00 (from $72.00) while maintaining a Hold rating.
Analyst Chris Woronka commented, "We believe that by 11am ET today, it was clear that the reason CCL changed the wording on its... More
June 25, 2018 9:16 AM EDT
(Updated - June 25, 2018 9:18 AM EDT)
Carnival Corp. (NYSE: CCL) reported Q2 EPS of $0.68, $0.09 better than the analyst estimate of $0.59. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.32 billion.
GUIDANCE:
Carnival Corp. sees FY2018 EPS of $4.15-$4.25, versus the consensus of $4.35.
At this time, cumulative advanced bookings for the next three quarters are in line with the prior year at higher prices. Since March, booking volumes for the next three quarters have been running slightly ahead of prior year at...
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