Carnival Corporation & plc is set to report Q3 earnings with analysts forecasting $8.39 billion in revenue and $1.36 EPS, reflecting a 4.9% decline from last year. The company's stock has dropped 27% recently due to a 30% surge in Brent oil prices, which impacts Carnival uniquely as it does not hedge fuel costs. Major banks like Bank of America and JPMorgan have lowered price targets, citing higher fuel expenses and downward earnings revisions. Carnival's financials show a high Debt-to-Equity ratio of 2.02 and a P/E ratio of 9.43, indicating significant leverage and valuation considerations ahead of the earnings release on September 29, 2026.
Following the recent concerns over rising fuel costs impacting Carnival Corp, the stock shows a slight gain of 0.60% on Pluang as of September 25, 2026, 20:52 WIB, trading at USD 21.92. Despite the recent 27% drop mentioned in the news, the current price is near its 52-week low of USD 21.79, with a market cap of $29.84 billion. Investor interest remains strong on Pluang, with 99% of order activity on the buy side and a dividend yield of 2.07%.
Carnival Corp's shares have fallen 27% since August due to rising oil prices increasing fuel costs. Bank of America lowered its price target from $42 to $38 but kept a 'buy' rating, citing Carnival's unique exposure as the only major cruise line with...
Carnival Corp faces challenges from higher fuel prices and weaker pricing, leading Jefferies to lower its earnings estimates before the company's Q3 results on September 29. Fuel costs have risen sharply, with Brent crude up 33% since June, and Carni...
Royal Caribbean Group announced it will acquire a 50% stake in Sandals and Beaches Resorts for about $3 billion, funded by debt from Morgan Stanley. The deal values Sandals at a 10x forward EBITDA multiple and is expected to boost Royal Caribbean's e...
