Will Carnival Stock Sink in June?
This has been a good month for Carnival (NYSE: CCL) (NYSE: CUK) investors. The stock has risen 24% through Monday's close, but an important date is coming later this month that could send this ship sailing in the wrong direction. Carnival has yet to announce when it will report its second-quarter financials, but it has historically delivered its results in the second half of June.
Carnival's cruise ships may not be sailing, but the Centers for Disease Control's No Sail Order doesn't get in the way of the financial statements that need to be filed every quarter. The world's largest cruise line operator should be releasing fresh financials next week, and it's not going to be pretty.
Image source: Carnival Corporation.
Source Fool.com
