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Benzinga
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Top Wall Street Forecasters Revamp Carnival Expectations Ahead Of Q3 Earnings

1. CCL expected to report Q3 earnings of $1.32 per share. 2. Quarterly revenue projected at $8.11 billion, up from $7.9 billion. 3. Analysts maintain Buy and Overweight ratings, raising price targets significantly. 4. Shares rose 0.4% to $30.48, indicating positive investor sentiment. 5. Previous quarter showed strong earnings of 35 cents per share, surpassing expectations.

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FAQ

Why Bullish?

Strong earnings expectations and positive analyst ratings may drive investor confidence, similar to past performance when CCL excelled in earnings, leading to upward price movements.

How important is it?

Upcoming earnings report and strong analyst ratings directly impact investor decisions and stock price.

Why Short Term?

Earnings release often leads to immediate market reactions, with potential for quick gains or losses based on reported results.

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