Can Carnival Stock Cruise Higher Next Week?
This may be the lull before earnings season starts up in earnest in a few weeks, but that doesn't mean that there's a moratorium on financial updates. Carnival (NYSE: CCL) (NYSE: CUK) reports its fiscal third-quarter results before the market opens on Monday.
The final trading day of the month -- and quarter -- won't be sleepy. Carnival's report covers the months of June, July, and August. This is the peak travel season for the cruise industry. Expectations may be high and rising, but Carnival has been up to the challenge before.
A lot is riding on next week's fresh numbers. The world's largest cruise line operator may be trading essentially where it was at the start of this year, but it did more than double last year.
Source Fool.com
Carnival plc Stock
€15.20
0.130%
The community is currently still undecided about Carnival plc with 2 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 14 € is below the current price of 15.2 € for Carnival plc, so the potential is actually -7.86%.
