CARNIVAL CORPORATION & PLC REPORTS RECORD-SETTING OPERATING RESULTS, OUTPERFORMS THIRD QUARTER GUIDANCE AND RAISES FULL YEAR 2024 GUIDANCE FOR THE THIRD TIME

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William Blair Reiterates Outperform Rating on Carnival Corporation (CCL)

October 1, 2024 6:25 AM EDT

William Blair analyst Sharon Zackfia reiterated an Outperform rating on Carnival Corporation (NYSE: CCL).

The analyst comments "With no signs of waning demand, Carnival posted better-than-expected third-quarter results, with revenue, adjusted EBITDA, and adjusted EPS all exceeding expectations. Meanwhile, revenue, net yields, operating income, adjusted EBITDA, and customer deposits all hit records... More

Carnival Corporation (CCL) PT Raised to $24 at Goldman Sachs

October 1, 2024 5:50 AM EDT

Goldman Sachs analyst Lizzie Dove raised the price target on Carnival Corporation (NYSE: CCL) to $24.00 (from $23.00) while maintaining a Buy rating.

The analyst comments "Bottom line: In an industry with record demand and high expectations, CCLs 4Q/2024 guidance gave something for the bears to pick at today, given the... More

Carnival Corporation (CCL) PT Raised to $22 at CFRA

September 30, 2024 12:09 PM EDT

CFRA analyst Garrett Nelson raised the price target on Carnival Corporation (NYSE: CCL) to $22.00 (from $21.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month price target by $1 to $22, based on a FY 2025 (Nov.) P/E of 13.3x a justified... More

Citi Reiterates Buy Rating on Carnival Corporation (CCL)

September 30, 2024 10:27 AM EDT

Citi analyst James Hardiman reiterated a Buy rating and $22.00 price target on Carnival Corporation (NYSE: CCL).

The analyst comments "Monday morning, Carnival reported record 3Q Adjusted EBITDA of $2.8B. This was ahead of the consensus and our estimate of $2.7B and the guidance of... More

Stifel Reiterates Buy Rating on Carnival Corporation (CCL)

September 30, 2024 10:26 AM EDT

Stifel analyst Steven Wieczynski reiterated a Buy rating and $27.00 price target on Carnival Corporation (NYSE: CCL).

The analyst comments "F3Q24 Financial Review: Gross/net revenue was $7.9B/$6.1B, slightly ahead of our consensus-matching forecast of $7.8B/$6.0B. Fuel expense was $515M... More

Goldman Sachs Reiterates Buy Rating on Carnival Corporation (CCL)

September 30, 2024 10:13 AM EDT

Goldman Sachs analyst Lizzie Dove reiterated a Buy rating and $23.00 price target on Carnival Corporation (NYSE: CCL).

The analyst comments "CCL reported 3Q24 results that beat expectations, with adj. EBITDA of $2.8bn above GS/consensus estimate (Visible Alpha) of ~$2.7bn and above the guidance range of $~2.66bn. Adjusted EPS of... More