Reported 7 days ago
Carnival Cruise Line (NYSE: CCL) is set to release its Q3 earnings tomorrow. Last quarter, Carnival surpassed revenue expectations with $5.78 billion, a 17.7% year-over-year increase. For this quarter, analysts predict a revenue growth of 14.1% to $7.82 billion, with adjusted earnings expected at $1.15 per share. Despite a slowdown from last year's growth rates, analysts remain optimistic with a consensus price target of $28, significantly higher than the current share price of $18.72.
Source: YAHOO