CARNIVAL CORPORATION & PLC PROVIDES FIRST QUARTER 2023 BUSINESS UPDATE

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Carnival Corp (CCL) lifted at Susquehanna as volume and pricing tracks 'solidly' above 2019

March 29, 2023 8:06 AM EDT

Susquehanna raised Carnival Corp. (NYSE: CCL) to Positive from Neutral, raising its price target on the cruise line stock to $11 from $8 per share in a note to clients on Wednesday.

Analyst Christopher Stathoulopoulos told investors that volume and pricing for cruise lines are... More

Carnival Corp. (CCL) Tops Q1 EPS by 5c, Offers Outlook

March 27, 2023 9:18 AM EDT

Carnival Corp. (NYSE: CCL) reported Q1 EPS of ($0.55), $0.05 better than the analyst estimate of ($0.60). Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.32 billion.

2023 Outlook

For the full year 2023, the company expects:

Adjusted EBITDA of $3.9 billion to $4.1 billionIncludes approximately $0.5 billion unfavorable impact from fuel price and currency compared to... More