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Wolfe Research Reiterates Outperform Rating on Carnival Corporation (CCL)

June 25, 2024 1:06 PM EDT

Wolfe Research analyst Greg Badishkanian reiterated an Outperform rating and $19.00 price target on Carnival Corporation (NYSE: CCL).

The analyst comments "We are Outperform rated on Carnival. Following unprecedented COVID-era headwinds, the cruise industry has posted consistent growth in bookings / pricing as government-mandated testing and... More

Truist Securities Reiterates Hold Rating on Carnival Corporation (CCL)

June 25, 2024 12:24 PM EDT

Truist Securities analyst C. Patrick Scholes reiterated a Hold rating and $17.00 price target on Carnival Corporation (NYSE: CCL).

The analyst comments "All-around, while not a blow-out beat & raise like we have seen from RCL (Buy) this year, it was still a legitimate beat & raise. 2Q Adj. EPS was above guidance by $0.14 and... More

Carnival Corporation (CCL) PT Raised to $23 at JPMorgan

June 25, 2024 12:16 PM EDT

JPMorgan analyst Matt Boss raised the price target on Carnival Corporation (NYSE: CCL) to $23.00 (from $21.00) while maintaining a Overweight rating.

The analyst comments "CCL reported 2Q24 adj. EPS of $0.11 (or 14 cents above mgmts guide for a loss of $0.03) with upside across... More

Morgan Stanley Reiterates Underweight Rating on Carnival Corporation (CCL)

June 25, 2024 10:02 AM EDT

Morgan Stanley analyst Jamie Rollo reiterated an Underweight rating and $13.50 price target on Carnival Corporation (NYSE: CCL).

The analyst comments "Current trading: The company says its cumulative booked position for the remainder of 2024 continues to be the best on record, with occupancy still nicely... More

Carnival Corp. (CCL) tops earnings, revenue expectations on strong bookings momentum

June 25, 2024 9:33 AM EDT

Carnival Corp. (NYSE: CCL) announced an improvement in its second-quarter financial results, with net income increasing by nearly $500 million compared to the same period in 2023.

The company reported adjusted earnings per share (EPS) of $0.11, surpassing the analyst consensus of -$0.02, and a record revenue of $5.78 billion for the quarter, exceeding expectations by $100 million and marking a substantial YoY increase.

The earnings and revenue beat drove Carnival's shares up by 4%. The company also... More