Carnival (NYSE:CUK) Announces Earnings Results

Carnival (NYSE:CUK) issued its earnings results on Friday. The company reported $0.34 EPS for the quarter, Zacks reports. Carnival had a return on equity of 27.86% and a net margin of 10.07%. Carnival updated its FY 2026 guidance to 2.480-2.480 EPS and its Q1 2026 guidance to 0.170-0.17 EPS.

Carnival Stock Performance

Shares of Carnival stock traded up $4.51 during trading on Friday, hitting $30.83. 4,042,467 shares of the stock were exchanged, compared to its average volume of 1,906,899. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.34. Carnival has a 12 month low of $13.65 and a 12 month high of $30.46. The stock’s fifty day moving average is $24.84 and its 200 day moving average is $25.77. The stock has a market cap of $5.81 billion, a PE ratio of 16.00 and a beta of 2.57.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Carnival in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Carnival has an average rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its stake in shares of Carnival by 376.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 953 shares of the company’s stock worth $25,000 after buying an additional 753 shares in the last quarter. Raymond James Financial Inc. bought a new position in Carnival during the second quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. grew its holdings in Carnival by 188.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock worth $28,000 after acquiring an additional 729 shares during the period. Tower Research Capital LLC TRC grew its holdings 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 acquiring an additional 688 shares during the period. Finally, Osaic Holdings Inc. raised its position in Carnival by 36.5% in the second quarter. Osaic Holdings Inc. now owns 1,717 shares of the company’s stock worth $44,000 after acquiring an additional 459 shares in the last quarter. Institutional investors 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.