Analysts expect Carnival to report an earnings per share (EPS) of $0.24.
Anticipation surrounds Carnival's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.11, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Carnival's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
0.02
0.08
1.16
-0.02
EPS Actual
0.13
0.14
1.27
0.11
Price Change %
-1.0%
6.0%
-2.0%
3.0%
Market Performance of Carnival's Stock
Shares of Carnival were trading at $23.77 as of June 20. Over the last 52-week period, shares are up 30.22%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Insights Shared by Analysts on Carnival
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Carnival.
Analysts have provided Carnival with 9 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $27.22, suggesting a ...
