Carnival (NYSE:CCL) Releases FY 2025 Earnings Guidance

Carnival (NYSE:CCL - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.970-1.970 for the period, compared to the consensus estimate of 1.870. The company issued revenue guidance of -. Carnival also updated its Q3 2025 guidance to 1.300-1.300 EPS.

Carnival Stock Up 10.2%

Shares of NYSE CCL traded up $2.45 during midday trading on Tuesday, hitting $26.49. The stock had a trading volume of 22,329,625 shares, compared to its average volume of 24,202,627. The company has a market cap of $30.90 billion, a P/E ratio of 17.64, a PEG ratio of 0.55 and a beta of 2.58. Carnival has a 52 week low of $13.78 and a 52 week high of $28.72. The company has a quick ratio of 0.21, a current ratio of 0.26 and a debt-to-equity ratio of 2.78. The business's 50 day moving average is $21.58 and its 200-day moving average is $22.79.

Carnival (NYSE:CCL - Get Free Report) last announced its earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.12. Carnival had a net margin of 8.07% and a return on equity of 26.53%. As a group, analysts predict that Carnival will post 1.77 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Stifel Nicolaus set a $33.00 price objective on shares of Carnival in a research note on Monday. Barclays reaffirmed an "overweight" rating and issued a $30.00 target price (up previously from $26.00) on shares of Carnival in a report on Tuesday, June 17th. BNP Paribas began coverage on Carnival in a research report on Thursday, March 27th. They issued an "outperform" rating and a $26.00 price objective on the stock. Citigroup reiterated a "hold" rating on shares of Carnival in a research report on Monday. Finally, Loop Capital reissued a "hold" rating and issued a $22.00 price target on shares of Carnival in a report on Monday. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $26.79.

Institutional Trading of Carnival

Several institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Carnival by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company's stock valued at $2,191,000 after purchasing an additional 5,435 shares during the period. Empowered Funds LLC boosted its position in Carnival by 61.6% in the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company's stock valued at $594,000 after buying an additional 11,601 shares during the period. Great Lakes Advisors LLC bought a new position in Carnival in the 1st quarter worth about $228,000. Finally, Woodline Partners LP increased its position in shares of Carnival by 41.9% during the first quarter. Woodline Partners LP now owns 88,522 shares of the company's stock worth $1,729,000 after acquiring an additional 26,141 shares during the period. Institutional investors own 67.19% of the company's stock.

About Carnival

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.

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