Carnival Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Carnival Corporation (NYSE:CCL) is set to release its Q2 earnings before the opening bell on Tuesday. Analysts expect a quarterly loss of 2 cents per share, an improvement from last year's 31 cents per share loss, and project revenue of $5.68 billion. Recent analyst ratings include a mix of Hold, Overweight, and Buy, with price targets ranging from $17 to $25.
June 24, 2024 | 11:45 am
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Carnival Corporation is expected to report a Q2 loss of 2 cents per share, an improvement from last year's 31 cents per share loss, with projected revenue of $5.68 billion. Recent analyst ratings show mixed sentiments with price targets ranging from $17 to $25.
The expected improvement in earnings per share from a loss of 31 cents to 2 cents and the projected revenue of $5.68 billion are positive indicators. The mixed analyst ratings with price targets ranging from $17 to $25 suggest cautious optimism. The consolidation of P&O Cruises Australia into Carnival could also streamline operations and potentially improve future performance.
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