Alert: New Earnings Report (12/20/24)-Carnival Corporation & Plc (NYSE: CCL).

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Carnival Corporation & Plc (NYSE: CCL) has reported earnings for its fourth fiscal quarter (ending November 30) of $0.23 versus a loss $-0.04 for the same period a year ago — a decline of -675%. For the latest four quarters through November 30, E.P.S. were $1.50 compared to $-0.06 a year ago — a decline of -2600%.

Recent Price Action

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On 12/20/24, Carnival Corporation & Plc (NYSE: CCL) stock enjoyed a very large increase of 6.4%, closing at $26.80. Moreover, trading volume in this advance was exceptionally high at 277% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.4% during the last week.

Current PriceTarget Research Rating

Carnival has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Carnival has a neutral Appreciation Score of 40 but a very high Power Rating of 99, triggering the Positive Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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