Carnival (NYSE:CCL) Updates Q4 2025 Earnings Guidance

Carnival (NYSE:CCL) issued an update on its fourth quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.230-0.230 for the period, compared to the consensus earnings per share estimate of 0.210. The company issued revenue guidance of -. Carnival also updated its FY 2025 guidance to 2.140-2.140 EPS.

Carnival Trading Down 1.7%

Shares of Carnival stock opened at $28.91 on Wednesday. The stock has a fifty day simple moving average of $30.51 and a 200 day simple moving average of $25.35. Carnival has a 12-month low of $15.07 and a 12-month high of $32.80. The company has a market capitalization of $33.75 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 0.61 and a beta of 2.70. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58.

Carnival (NYSE:CCL) last announced its quarterly earnings data on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.11. The firm had revenue of $8.15 billion during the quarter, compared to the consensus estimate of $8.09 billion. Carnival had a return on equity of 29.66% and a net margin of 10.07%.The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.27 EPS. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. On average, sell-side analysts anticipate that Carnival will post 1.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on CCL. Argus reduced their price objective on Carnival from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Tuesday. Bank of America upped their price objective on Carnival from $31.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Loop Capital reaffirmed a “hold” rating and set a $22.00 price target on shares of Carnival in a research report on Monday, June 23rd. Morgan Stanley upped their price target on Carnival from $21.00 to $24.00 and gave the company an “equal weight” rating in a research report on Thursday, June 26th. Finally, Melius Research upped their price target on Carnival from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Sixteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.35.

Insider Transactions at Carnival

In related news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total transaction of $371,875.00. Following the sale, the director owned 64,406 shares of the company’s stock, valued at approximately $1,916,078.50. This represents a 16.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 7.60% of the company’s stock.

Institutional Trading of Carnival

Institutional investors have recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new stake in Carnival during the 2nd quarter worth about $181,000. Evergreen Capital Management LLC purchased a new stake in shares of Carnival in the 2nd quarter valued at about $202,000. Snowden Capital Advisors LLC purchased a new stake in shares of Carnival in the 2nd quarter valued at about $222,000. Main Street Financial Solutions LLC purchased a new stake in shares of Carnival in the 2nd quarter valued at about $292,000. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of Carnival by 6.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 11,675 shares of the company’s stock valued at $328,000 after acquiring an additional 726 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Carnival Company Profile

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.