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Carnival’s CFO on Restoring the Company’s Balance Sheet After the Pandemic
The Wall Street Journal3d agoneutral
Carnival’s CFO on Restoring the Company’s Balance Sheet After the Pandemic

At Carnival, CFO David Bernstein made a commitment to investors: He wouldn’t leave until the company repaid its pandemic-era debt. Now, nearly five years after the cruise operator’s first ship returned to sea, Bernstein said he and other Carnival insiders have delivered. Having kept his word, the CFO plans to stay put.

What Royal Caribbean's earnings signal for the cruise industry
Yahoo Finance Video18d agoneutralVIDEO
What Royal Caribbean's earnings signal for the cruise industry

Royal Caribbean Cruises stock (RCL) has caught some wind in its sails on Tuesday, holding onto post-earnings gains ahead of the close after trimming its full-year yield forecast. UBS managing director and leisure analyst Robin Farley examines how Royal Caribbean and Carnival Corporation's (CCL) quarterly results set the stage for Norwegian Cruise Line's (NCLH) own release, as well as how oil prices (CL=F, BZ=F) impact the cruise industry as a whole.

Price Prediction: Carnival Has 31% Upside as Q2 Earnings Beat Masks Opportunity
24/7 Wall St.51d agobullish
Price Prediction: Carnival Has 31% Upside as Q2 Earnings Beat Masks Opportunity

Carnival Corporation (NYSE:CCL) just delivered its twelfth consecutive quarter of record net yields, yet the stock sold off after Q2 results landed. That dislocation is the setup for our call. Our 24/7 Wall St. price target for Carnival is $37.74 over the next 12 months, implying 31.41% upside from a current price of $28.72. The ... Price Prediction: Carnival Has 31% Upside as Q2 Earnings Beat Masks Opportunity

Nasdaq set to steady as Micron earnings awaited
Proactive52d agoneutral
Nasdaq set to steady as Micron earnings awaited

Wall Street stocks are expected to make a steadier start on Wednesday after a sharp technology-led sell-off in the previous two sessions, with investors now focused on Micron's earnings for clues about the health of the artificial intelligence boom. Nasdaq and S&P 500 futures were...

Cruise Stocks Face Choppy Waters
The Wall Street Journal53d agoneutral
Cruise Stocks Face Choppy Waters

A disappointing quarter for Carnival had ripple effects for other cruise lines. Carnival shares fell around 6% after the company’s revenue came in below Wall Street’s expectations. The company also lowered its guidance for full-year Ebitda.

Carnival shares fall as Q3 outlook misses estimates despite earnings beat
Proactive53d agobearish
Carnival shares fall as Q3 outlook misses estimates despite earnings beat

Carnival Corp (NYSE:CCL) shares fell almost 6% on Tuesday after the cruise operator issued a third quarter profit outlook below Wall Street expectations, overshadowing stronger-than-expected second-quarter results and record revenue. The company reported adjusted earnings of $0.41 per share...

Investing.com53d agoneutral
Carnival shares drop despite earnings beat on weak guidance

Investing.com -- Carnival Corporation (NYSE: CCL) reported second quarter results that exceeded analyst expectations, but shares plunged over 9% premarket as investors focused on the impact of geopolitical headwinds on the company's outlook.

Oil prices rise, but not by enough to drag Wall Street far off its records
Associated Press75d agoneutral
Oil prices rise, but not by enough to drag Wall Street far off its records

Oil prices are rising Monday following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks are hanging near their records. The S&P 500 was virtually unchanged from its all-time high set on Friday. United Airlines lost 2.9%, and cruise-operator Carnival fell 2.7% after the price for a barrel of Brent crude oil climbed 6.7% to $97.22.