Carnival plc (CUK) Announces Quarterly Results
Carnival plc (NYSE:CUK) released its earnings data on Tuesday. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.08, AmericanBankingNews.com reports.
CUK has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Carnival plc in a research note on Monday. On a related note, analysts at Berenberg Bank reiterated a “buy” rating on shares of Carnival plc in a research note on Monday. Finally, analysts at Jefferies Group reiterated an “underperform” rating on shares of Carnival plc in a research note on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $41.00.
In other Carnival plc news, Insider 1994 B. Shares Lp Ma sold 258,318 shares of Carnival plc stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $40.15, for a total transaction of $10,371,467.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Carnival plc (NYSE:CUK) traded down 2.08% during mid-day trading on Tuesday, hitting $38.7947. The stock had a trading volume of 393,261 shares. Carnival plc has a one year low of $32.33 and a one year high of $42.77. The stock’s 50-day moving average is $40.24 and its 200-day moving average is $39.88. The company has a market cap of $30.143 billion and a P/E ratio of 29.99.
Carnival plc, is a cruise company. It operates in two segments: North America and Europe, Australia & Asia (NYSE:CUK).
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