$0.60 EPS Expected for Carnival Corporation (CCL)

June 12, 2018 - By reb123z

Carnival Corporation (NYSE:CCL) LogoInvestors sentiment decreased to 1.18 in 2018 Q1. Its down 0.04, from 1.22 in 2017Q4. It worsened, as 46 investors sold Carnival Corporation shares while 219 reduced holdings. 73 funds opened positions while 240 raised stakes. 394.90 million shares or 0.79% less from 398.04 million shares in 2017Q4 were reported.
Ww Asset Mngmt holds 0.08% or 24,811 shares. Td Asset Management holds 0.01% of its portfolio in Carnival Corporation (NYSE:CCL) for 143,785 shares. 211,028 were accumulated by Klingenstein Fields And Ltd Liability Company. Westover Capital Advsrs Ltd Company reported 10,977 shares. Blair William & Il accumulated 5,549 shares. 100 were reported by Patten Group Inc Incorporated. Qci Asset Management stated it has 100 shares or 0% of all its holdings. Lifeplan Financial Gru reported 0% of its portfolio in Carnival Corporation (NYSE:CCL). Envestnet Asset reported 30,785 shares or 0.01% of all its holdings. Advisor Llc invested 0.12% in Carnival Corporation (NYSE:CCL). Appleton Ma invested in 0.76% or 76,633 shares. Ardevora Asset Management Ltd Liability Partnership has invested 0.85% in Carnival Corporation (NYSE:CCL). Citigroup holds 0.02% or 353,742 shares. Banque Pictet Cie holds 0.01% or 4,409 shares. Victory Capital Mngmt holds 200,563 shares.

Since January 2, 2018, it had 0 insider buys, and 21 sales for $11.07 million activity. Bernstein David had sold 5,999 shares worth $412,341. PEREZ ARNALDO sold $716,649 worth of Carnival Corporation (NYSE:CCL) on Friday, January 12. DONALD ARNOLD W also sold $322,451 worth of Carnival Corporation (NYSE:CCL) on Monday, April 2. KRUSE STEIN sold 21,602 shares worth $1.49M. 4,234 shares valued at $288,874 were sold by GLASIER RICHARD on Monday, January 22.

Analysts expect Carnival Corporation (NYSE:CCL) to report $0.60 EPS on June, 28.They anticipate $0.08 EPS change or 15.38 % from last quarter’s $0.52 EPS. CCL’s profit would be $428.53 million giving it 25.58 P/E if the $0.60 EPS is correct. After having $0.52 EPS previously, Carnival Corporation’s analysts see 15.38 % EPS growth. The stock increased 0.41% or $0.25 during the last trading session, reaching $61.39. About 570,559 shares traded. Carnival Corporation (NYSE:CCL) has risen 2.36% since June 12, 2017 and is uptrending. It has underperformed by 10.21% the S&P500.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Among 12 analysts covering Carnival Corp (NYSE:CCL), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Carnival Corp had 22 analyst reports since December 19, 2017 according to SRatingsIntel. The stock of Carnival Corporation (NYSE:CCL) has “Hold” rating given on Tuesday, December 19 by J.P. Morgan. Buckingham Research maintained Carnival Corporation (NYSE:CCL) rating on Friday, May 25. Buckingham Research has “Buy” rating and $83 target. Tigress Financial maintained Carnival Corporation (NYSE:CCL) on Friday, December 22 with “Buy” rating. The rating was maintained by Morgan Stanley on Friday, February 2 with “Equal-Weight”. Credit Suisse upgraded Carnival Corporation (NYSE:CCL) on Tuesday, January 9 to “Outperform” rating. The firm has “Overweight” rating by Barclays Capital given on Friday, March 23. The stock of Carnival Corporation (NYSE:CCL) earned “Buy” rating by Stifel Nicolaus on Wednesday, December 20. The rating was maintained by JP Morgan with “Neutral” on Friday, March 23. The rating was maintained by Stifel Nicolaus on Wednesday, April 11 with “Buy”. The stock of Carnival Corporation (NYSE:CCL) earned “Hold” rating by Deutsche Bank on Friday, March 23.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $43.85 billion. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises , Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. It has a 16.8 P/E ratio. The firm operates approximately 100 cruise ships.

More notable recent Carnival Corporation (NYSE:CCL) news were published by: 247Wallst.com which released: “Carnival Announces Big Acquisition in Alaska Ahead of Earnings Report” on June 07, 2018, also Seekingalpha.com with their article: “Cruise line stocks lower after Morgan Stanley warning” published on June 05, 2018, Seekingalpha.com published: “Susquehanna positive on Carnival” on May 29, 2018. More interesting news about Carnival Corporation (NYSE:CCL) were released by: Seekingalpha.com and their article: “Carnival Corp.: Caribbean Cash Flow King” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Why Carnival Has Cruised Onto My Watch List” with publication date: June 04, 2018.

Carnival Corporation (NYSE:CCL) Institutional Positions Chart

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