Can Carnival Stock Cruise Higher Next Week? [Yahoo! Finance]
Carnival Corporation (CCL)
Last carnival corporation earnings: 4/3 12:51 pm
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Source: Yahoo! Finance
This may be the lull before earnings season starts up in earnest in a few weeks, but that doesn't mean that there's a moratorium on financial updates. Carnival (NYSE: CCL) (NYSE: CUK) reports its fiscal third-quarter results before the market opens on Monday. The final trading day of the month -- and quarter -- won't be sleepy. Carnival's report covers the months of June, July, and August. This is the peak travel season for the cruise industry. Expectations may be high and rising, but Carnival has been up to the challenge before. Earning its sea legs A lot is riding on next week's fresh numbers. The world's largest cruise line operator may be trading essentially where it was at the start of this year, but it did more than double last year. How big is the cruise line stock 's fiscal third quarter? Its guidance in June calls for a reported profit of $1.15 a share, the lion's share of the $1.18 a share it's targeting for all of fiscal 2024. Analysts are holding out for a little
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