Carnival (NYSE:CUK) Updates FY 2026 Earnings Guidance
by Sarita Garza · The Markets DailyCarnival (NYSE:CUK – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.480-2.480 for the period, compared to the consensus estimate of 2.140. The company issued revenue guidance of -. Carnival also updated its Q1 2026 guidance to 0.170-0.17 EPS.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Carnival in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Analysis on CUK
Carnival Stock Performance
Shares of CUK stock traded up $4.01 during trading hours on Friday, reaching $30.33. 2,957,531 shares of the company’s stock were exchanged, compared to its average volume of 1,896,163. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30. Carnival has a 1 year low of $13.65 and a 1 year high of $29.80. The company has a market cap of $5.72 billion, a P/E ratio of 15.64 and a beta of 2.57. The company’s 50 day moving average is $24.84 and its two-hundred day moving average is $25.77.
Carnival (NYSE:CUK – Get Free Report) last announced its quarterly earnings data on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. The firm had revenue of $8.15 billion for the quarter, compared to analyst estimates of $8.11 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.Carnival has set its FY 2025 guidance at 2.140-2.140 EPS and its Q4 2025 guidance at 0.230-0.230 EPS. Equities research analysts anticipate that Carnival will post 1.7 EPS for the current fiscal year.
Institutional Investors Weigh In On Carnival
Institutional investors and hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. lifted its holdings in Carnival by 36.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,717 shares of the company’s stock valued at $44,000 after purchasing an additional 459 shares in the last quarter. Vident Advisory LLC grew its holdings in Carnival by 3.1% in the third quarter. Vident Advisory LLC now owns 18,911 shares of the company’s stock valued at $500,000 after purchasing an additional 568 shares during the period. Creative Planning increased its position in Carnival by 5.0% during the third quarter. Creative Planning now owns 12,032 shares of the company’s stock worth $318,000 after purchasing an additional 577 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Carnival by 70.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company’s stock worth $43,000 after purchasing an additional 688 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Carnival by 188.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock valued at $28,000 after purchasing an additional 729 shares during the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.
About Carnival
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.
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