Carnival Corporation's stock (CCL) has faced a mix of reactions from the market. The company has released its Q3 2024 earnings call transcript in which it showed record-setting revenues, pushing the stock to retreat following raised guidance. However, the stock slipped due to weak future outlook absorbing the positive impact of revenue. Consequently, the company's stock dipped by 3% on disappointing guidance. Despite these challenges, fast-paced momentum has been observed with the stock still being viewed as a bargain buy by some analysts. The company has celebrated a record-breaking quarter, and investors are questioning whether the stock will cruise higher next week. CCL has seen a 15% topline growth, record operating income and has raised FY24 forecast. However, the stock dropped by 11% in July but went up 9% after 3 months. Despite these variations, CCL is considered a good addition to the portfolio by hedge funds, while some believe it could be too risky. Some analysts consider CCL as an undervalued stock with high volume. An optimistic Wall Street view has been seen from a majority of the analysts and a constant question is whether it is a great value stock right now.
Carnival Stocks CCL News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Fri, 04 Oct 2024 09:28:05 GMT -
Rating -1
- Innovation 0
- Information 7
- Rumor -5
