Carnival (NYSE:CCL) Issues Q3 2025 Earnings Guidance

Carnival (NYSE:CCL) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.300-1.300 for the period, compared to the consensus earnings per share estimate of 1.320. The company issued revenue guidance of -. Carnival also updated its FY 2025 guidance to 1.970-1.970 EPS.

Carnival Stock Performance

CCL opened at $25.51 on Thursday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.21 and a current ratio of 0.34. The company has a market cap of $29.76 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.57 and a beta of 2.58. The stock has a 50-day moving average of $21.89 and a 200-day moving average of $22.83. Carnival has a 52-week low of $13.78 and a 52-week high of $28.72.

Carnival (NYSE:CCL) last released its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11. Carnival had a net margin of 9.72% and a return on equity of 27.88%. The company had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.20 billion. During the same quarter last year, the firm posted $0.11 earnings per share. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, equities research analysts forecast that Carnival will post 1.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CCL shares. Mizuho boosted their target price on shares of Carnival from $33.00 to $35.00 and gave the stock an “outperform” rating in a research report on Wednesday. Stifel Nicolaus lifted their price objective on Carnival from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday. Tigress Financial restated a “buy” rating on shares of Carnival in a research note on Wednesday, March 26th. Wall Street Zen raised Carnival from a “hold” rating to a “buy” rating in a report on Wednesday, May 14th. Finally, Susquehanna lifted their price target on Carnival from $27.00 to $30.00 and gave the stock a “positive” rating in a research report on Wednesday. Nine analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $27.68.

Institutional Investors Weigh In On Carnival

A number of institutional investors have recently bought and sold shares of the business. Woodline Partners LP lifted its holdings in shares of Carnival by 41.9% during the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after acquiring an additional 26,141 shares during the period. Empowered Funds LLC increased its stake in Carnival by 61.6% in the first quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after acquiring an additional 11,601 shares during the period. Great Lakes Advisors LLC acquired a new position in Carnival in the first quarter worth about $228,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Carnival by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after purchasing an additional 5,435 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.