Carnival (NYSE:CUK) Issues Earnings Results

Carnival (NYSE:CUK) posted its quarterly earnings results on Friday. The company reported $0.34 earnings per share (EPS) for the quarter, Zacks reports. Carnival had a net margin of 10.07% and a return on equity of 27.86%. Carnival updated its FY 2026 guidance to 2.480-2.480 EPS and its Q1 2026 guidance to 0.170-0.17 EPS.

Carnival Trading Up 17.1%

Shares of CUK stock traded up $4.51 during trading hours on Friday, reaching $30.83. 4,042,467 shares of the stock traded hands, compared to its average volume of 1,906,899. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $5.81 billion, a PE ratio of 16.00 and a beta of 2.57. Carnival has a 1-year low of $13.65 and a 1-year high of $30.46. The business has a fifty day moving average price of $24.84 and a 200 day moving average price of $25.77.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Carnival in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Trading of Carnival

Several large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in shares of Carnival by 1,202.6% in the first quarter. Royal Bank of Canada now owns 79,305 shares of the company’s stock valued at $1,391,000 after purchasing an additional 73,217 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Carnival by 69.2% during the first quarter. Jane Street Group LLC now owns 46,021 shares of the company’s stock valued at $807,000 after buying an additional 18,826 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Carnival by 188.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock valued at $28,000 after buying an additional 729 shares during the period. Jump Financial LLC purchased a new stake in Carnival in the 2nd quarter worth about $1,762,000. Finally, Bayesian Capital Management LP purchased a new stake in Carnival in the 2nd quarter worth about $605,000. 23.80% of the stock is owned by institutional investors and hedge funds.

Carnival Company Profile

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.