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Carnival barely beat earnings expectations, and might not even do that next year.
Carnival Corp. (NYSE: CCL) stock dropped 11% in July, according to data provided by S&P Global Market Intelligence. It was negatively affected by overall macroeconomic events and investor ...
Very few industries suffered during the novel coronavirus pandemic quite like the cruise ship industry. It was even worse for Carnival (NYSE:CCL). At one point, the company's Diamond Princess was ...
The case to buy or hold Carnival stock now Carnival is benefiting from a cruise industry renaissance, with data showing that this form of travel and leisure is more popular than ever.
Carnival stock trades at a price-to-sales ratio of under 1, which implies investors aren't confident about its opportunities right now. This valuation is well below historical levels.
However, Carnival looks like a good buy after the report with a price-to-earnings ratio of 16, which seems a good price considering that bottom-line results are still soaring.
Is today's earnings report really anything to panic about? For premium support please call: 800-290-4726 more ways to reach us
Cruise stocks got a lift from a Wall Street analyst following Carnival's earnings. ... The best sales to shop today: You can still save big with 35% off Bissell's Little Green, 80% off Kate Spade ...