Carnival (CCL) Projected to Post Quarterly Earnings on Tuesday

Carnival (NYSE:CCL) is expected to issue its Q2 2026 results before the market opens on Tuesday, June 23rd. Analysts expect the company to announce earnings of $0.34 per share and revenue of $6.6851 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, June 23, 2026 at 10:00 AM ET.

Carnival (NYSE:CCL) last released its quarterly earnings data on Friday, March 27th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The business had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. During the same quarter in the prior year, the business posted $0.13 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, analysts expect Carnival to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Carnival Trading Up 3.2%

CCL opened at $30.10 on Tuesday. Carnival has a one year low of $22.58 and a one year high of $34.03. The company has a market cap of $37.30 billion, a P/E ratio of 13.38, a PEG ratio of 1.29 and a beta of 2.32. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.26 and a current ratio of 0.30. The business’s 50-day simple moving average is $26.93 and its 200-day simple moving average is $28.18.

Carnival Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were issued a $0.15 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.0%. Carnival’s dividend payout ratio is presently 26.67%.

Analyst Upgrades and Downgrades

CCL has been the topic of a number of recent analyst reports. Sanford C. Bernstein dropped their price objective on Carnival from $33.00 to $28.70 and set a “market perform” rating on the stock in a report on Monday, March 30th. Susquehanna dropped their price target on Carnival from $40.00 to $30.00 and set a “positive” rating on the stock in a research note on Monday, March 23rd. Barclays dropped their price target on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 24th. Wall Street Zen downgraded Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Finally, Mizuho raised their price target on Carnival from $38.00 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.85.

Insider Activity at Carnival

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of Carnival stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total value of $313,965.72. Following the transaction, the director directly owned 52,601 shares in the company, valued at approximately $1,377,620.19. This trade represents a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bettina Alejandra Deynes sold 43,058 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $28.10, for a total value of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares of the company’s stock, valued at $1,945,587.80. This represents a 38.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 55,058 shares of company stock worth $1,524,195 over the last quarter. Company insiders own 7.90% of the company’s stock.

Institutional Trading of Carnival

Hedge funds have recently modified their holdings of the business. Measured Wealth Private Client Group LLC acquired a new stake in shares of Carnival in the 3rd quarter valued at approximately $25,000. Johnson Financial Group Inc. acquired a new stake in shares of Carnival in the 3rd quarter valued at approximately $32,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Carnival in the 4th quarter valued at approximately $32,000. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Carnival in the 4th quarter valued at approximately $35,000. Finally, DV Equities LLC acquired a new stake in shares of Carnival in the 4th quarter valued at approximately $46,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.