EPS for Carnival Corporation (CCL) Expected At $0.51

December 8, 2017 - By Lynda A. Deweese

 EPS for Carnival Corporation (CCL) Expected At $0.51
Investors sentiment decreased to 1.12 in Q2 2017. Its down 0.03, from 1.15 in 2017Q1. It dropped, as 38 investors sold Carnival Corporation shares while 225 reduced holdings. 89 funds opened positions while 205 raised stakes. 408.62 million shares or 0.87% less from 412.20 million shares in 2017Q1 were reported.
Winfield Associates reported 651 shares stake. 26,000 were reported by Louisiana State Employees Retirement System. Moreover, Teachers Retirement System Of The State Of Kentucky has 0.38% invested in Carnival Corporation (NYSE:CCL) for 467,100 shares. Bluemountain Capital Mgmt Limited Liability Company stated it has 18,240 shares. Factory Mutual invested in 0.05% or 70,000 shares. Messner & Smith Theme Value Inv Mngmt Ca accumulated 26,848 shares. Davis R M has 0.3% invested in Carnival Corporation (NYSE:CCL) for 108,815 shares. Caisse De Depot Et Placement Du Quebec holds 157,441 shares. Private Asset Mngmt reported 0.15% stake. Toronto Dominion Fincl Bank holds 140,931 shares or 0.03% of its portfolio. Creative Planning stated it has 0.01% of its portfolio in Carnival Corporation (NYSE:CCL). Amer Century Companies Inc accumulated 0.24% or 3.56M shares. Moreover, Natl Bank has 0.01% invested in Carnival Corporation (NYSE:CCL). 47,241 are owned by Dekabank Deutsche Girozentrale. Fuller And Thaler Asset Mgmt reported 5,600 shares.

Analysts expect Carnival Corporation (NYSE:CCL) to report $0.51 EPS on December, 19.They anticipate $0.16 EPS change or 23.88 % from last quarter’s $0.67 EPS. CCL’s profit would be $366.89 million giving it 32.44 P/E if the $0.51 EPS is correct. After having $2.29 EPS previously, Carnival Corporation’s analysts see -77.73 % EPS growth. The stock increased 0.18% or $0.12 during the last trading session, reaching $66.18. About 2.31 million shares traded. Carnival Corporation (NYSE:CCL) has risen 24.12% since December 8, 2016 and is uptrending. It has outperformed by 7.42% the S&P500.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Among 27 analysts covering Carnival Corporation (NYSE:CCL), 17 have Buy rating, 0 Sell and 10 Hold. Therefore 63% are positive. Carnival Corporation had 60 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Carnival Corporation (NYSE:CCL) earned “Neutral” rating by Wedbush on Wednesday, March 29. Zacks downgraded the stock to “Buy” rating in Monday, August 10 report. The firm earned “Outperform” rating on Friday, May 26 by Wolfe Research. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, June 7. As per Monday, February 27, the company rating was upgraded by Argus Research. The stock of Carnival Corporation (NYSE:CCL) has “Buy” rating given on Thursday, August 17 by UBS. The stock of Carnival Corporation (NYSE:CCL) has “Buy” rating given on Thursday, March 31 by SunTrust. Barclays Capital maintained it with “Equal-Weight” rating and $58 target in Thursday, March 31 report. The stock of Carnival Corporation (NYSE:CCL) has “Neutral” rating given on Tuesday, March 29 by Goldman Sachs. The rating was maintained by SunTrust on Thursday, November 16 with “Buy”.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $47.61 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 18 P/E ratio. The firm operates approximately 100 cruise ships.

More recent Carnival Corporation (NYSE:CCL) news were published by: Sun-Sentinel.com which released: “Carnival Cruise Line inks deal with Shell to fuel new LNG-powered ships coming …” on November 08, 2017. Also Bizjournals.com published the news titled: “Carnival Corp. completes Port Everglades upgrades and more hospitality news …” on November 15, 2017. Miamiherald.com‘s news article titled: “Technology is about to change the future of cruising. Here’s what to expect” with publication date: December 07, 2017 was also an interesting one.

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