Q1 EPS Estimates for Carnival Co. & Reduced by William Blair

Carnival Co. & plc (NYSE:CCL) – Equities research analysts at William Blair lowered their Q1 2025 earnings estimates for shares of Carnival Co. & in a report issued on Monday, March 10th. William Blair analyst S. Zackfia now anticipates that the company will earn $0.00 per share for the quarter, down from their previous estimate of $0.02. William Blair has a “Outperform” rating on the stock. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.77 per share. William Blair also issued estimates for Carnival Co. &’s FY2025 earnings at $1.76 EPS.

CCL has been the topic of several other research reports. Stifel Nicolaus lowered their target price on shares of Carnival Co. & from $34.00 to $30.00 and set a “buy” rating on the stock in a report on Friday. Morgan Stanley lifted their price target on shares of Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a report on Wednesday, January 8th. Mizuho increased their price objective on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Truist Financial lifted their target price on Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, January 24th. Finally, Citigroup boosted their target price on Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $26.89.

Carnival Co. & Stock Up 4.2 %

NYSE CCL opened at $19.93 on Thursday. Carnival Co. & has a 12 month low of $13.78 and a 12 month high of $28.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The stock has a market cap of $23.20 billion, a PE ratio of 14.33, a P/E/G ratio of 0.73 and a beta of 2.66. The stock’s 50 day moving average is $24.52 and its 200 day moving average is $22.80.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The business’s quarterly revenue was up 10.0% compared to the same quarter last year.

Institutional Trading of Carnival Co. &

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Carnival Co. & by 4.0% during the fourth quarter. Vanguard Group Inc. now owns 117,095,566 shares of the company’s stock valued at $2,918,022,000 after acquiring an additional 4,458,329 shares during the last quarter. State Street Corp boosted its stake in shares of Carnival Co. & by 5.9% during the 3rd quarter. State Street Corp now owns 41,426,562 shares of the company’s stock worth $765,563,000 after purchasing an additional 2,301,906 shares during the period. Geode Capital Management LLC grew its holdings in Carnival Co. & by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 25,228,416 shares of the company’s stock valued at $627,053,000 after purchasing an additional 1,201,256 shares during the last quarter. Nuveen Asset Management LLC raised its position in Carnival Co. & by 33.7% in the 4th quarter. Nuveen Asset Management LLC now owns 22,850,042 shares of the company’s stock worth $569,423,000 after purchasing an additional 5,761,489 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Carnival Co. & by 4.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 18,649,543 shares of the company’s stock worth $464,747,000 after purchasing an additional 877,694 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

Carnival Co. & Company Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.