Carnival Corporation (CCL) has witnessed a series of ups and downs in recent times. Despite a
penny miss on EPS guidance that triggered volatility, an
Earnings Beat and Raise sent a wave of optimism among investors. Notable points include comments from
Jim Cramer indicating possible political risks cresting over the cruise stock but the company managed to
surpass Q1 earnings and revenue estimates.
Updates abound including Carnival's FY 2025 earnings guidance, fears surrounding short-term outlook, and a record first-quarter result that led to a raise in their
2025 outlook. Investments from firms like iA Global Asset Management Inc. and Proficio Capital Partners LLC bolster Carnival's position. Other significant events are the pricing of new $1 billion US$ notes, District's Fiscal Q2 adjusted EPS estimate, and significantly, a
42% rise in CCL Stock price in 6 months.
With Wall Street remapping price expectations ahead of Q1 earnings, Carnival Corporation's long-term value has caught the eye of many and predictions indicating
CCL outperforming other consumer discretionary stocks look to make it a turnaround case. Lastly, it's worth noting that some analysts believe that the cruise line's shares, despite a 29% fall, seem inexpensive.
Carnival Stocks CCL News Analytics from Sun, 15 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 21:09:28 GMT -
Rating -2
- Innovation 7
- Information 8
- Rumor 4
