Carnival Corp. (CCL) Issues Q1 Business Update
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Morgan Stanley Reiterates Underweight Rating on Carnival Corporation (CCL), Cites Weak Booking Update and Reduced Guidance for Negative View
March 22, 2022 10:43 AM UTCMorgan Stanley analyst Jamie Rollo reiterated an Underweight rating and $18.00 price target on Carnival Corporation (NYSE: CCL).
The analyst comments "CCL ended Q1 with liquidity of $7.2bn (MSe ~$7bn), compared to $9.4bn at Q4, which implies a ~$0.5bn monthly burn excluding a $500m debt repayment and a small customer deposit... More
Stifel Remains Positive on Cruise Fundamentals Following Carnival Corporation (CCL) Earnings
March 22, 2022 10:17 AM UTCStifel analyst Steven Wieczynski reiterated a Buy rating and $33.00 price target on Carnival Corporation (NYSE: CCL).
The analyst comments "We continue to believe in the resilience of the cruise industrys core operating fundamentals and expect operational adjustments made to address the... More
Carnival Corp. (CCL) Misses Q1 EPS by 76c
March 22, 2022 9:16 AM UTC(Updated - March 22, 2022 9:18 AM EDT)
Carnival Corp. (NYSE: CCL) reported Q1 EPS of ($1.66), $0.76 worse than the analyst estimate of ($0.90). Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $2.32 billion.
Update on Bookings
Donald added, "Given the recent strengthening in booking volumes coupled with the closer-in booking patterns, we expect an extended wave season. In fact, we gained occupancy even in the month of March with fleetwide occupancy nearing 70 percent and several sailings already... More
