Carnival Likely To Report Q3 Profit; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Carnival Corporation (NYSE:CCL) is expected to report a Q3 profit with earnings of 75 cents per share, compared to a loss of 58 cents per share in the previous year. The company's revenue is projected to be $6.69 billion, up from $4.9 billion in the year-ago period. Several analysts have recently adjusted their price targets for the company, with changes ranging from a decrease to $21 to an increase to $23.
September 29, 2023 | 6:24 am
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Carnival Corporation is expected to report a profitable Q3, with a significant increase in revenue. Analysts have recently adjusted their price targets for the company, indicating varying levels of confidence in its performance.
The news directly pertains to Carnival Corporation and its upcoming Q3 earnings report. The expected profitability and increased revenue are positive indicators for the company's performance, which could lead to a short-term increase in its stock price. However, the varying price targets set by analysts suggest some uncertainty about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100