CARNIVAL CORPORATION & PLC REPORTS SECOND QUARTER 2023 EARNINGS AND SETS SIGHTS ON 2026 SEA CHANGE PROGRAM
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Stifel on Carnival Corporation (CCL): 'we see no reason CCL shares should come under pressure. None.'
June 26, 2023 10:46 AM EDTStifel analyst Steven Wieczynski reiterated a Buy rating and $18.00 price target on Carnival Corporation (NYSE: CCL)
The analyst comments "This is going to be a classic sell the news type of day for CCL shares, in our opinion. CCL shares have had a massive run over the last month, and we believe faster-money investors have been... More
Morgan Stanley on Carnival Corporation (CCL): 'we do not think there is enough here to keep the valuation this elevated'
June 26, 2023 10:01 AM EDTMorgan Stanley analyst Jamie Rollo reiterated an Underweight rating and $7.00 price target on Carnival Corporation (NYSE: CCL)
The analyst comments "Q2 is in-line with expectations, and while there is a FY23 upgrade it is modest (4% to EBITDA), with a revenue yield upgrade partly... More
Carnival Corp. (CCL) reports continued demand acceleration, tops Q2 consensus estimates
June 26, 2023 9:47 AM EDTCarnival Corp. (NYSE: CCL) shares tumbled in early Monday trading on the back of its latest earnings report.
Despite topping earnings and revenue consensus expectations, CCL is down more than 7%, currently trading around the $15.56 mark.
The cruise line company reported a Q2... More
Carnival Corp. (CCL) Tops Q2 EPS by 3c
June 26, 2023 9:16 AM EDTCarnival Corp. (NYSE: CCL) reported Q2 EPS of ($0.31), $0.03 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.78 billion.
2023 Outlook
For the full year 2023, the company expects:
Adjusted EBITDA of $4.10 billion to $4.25 billion, above March guidance's range and with a midpoint increase of $175 millionIncludes approximately $0.5 billion unfavorable impact... More