Earnings Preview: Carnival
Portfolio Pulse from Benzinga Insights
Carnival Corporation (NYSE:CCL) is scheduled to release its quarterly earnings report on December 21, 2023. Analysts predict a loss of $0.14 per share. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows mixed stock price reactions to past earnings reports. Shares are currently trading at $18.71, with a significant 52-week increase of 136.42%.

December 20, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Carnival is expected to report a quarterly EPS of $-0.14. Investors will focus on earnings results and future guidance. Historical performance shows varied reactions to earnings reports. Shares have seen a significant rise over the past year.
The expected EPS is a loss, which could be negative, but investors may react more to future guidance than the actual earnings beat or miss. The stock has had a strong performance over the past year, which may buffer negative reactions if the guidance is favorable. However, past earnings have shown that the stock price can react negatively even after an earnings beat, indicating a level of unpredictability in the short-term impact.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100