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Carnival Corp (CCL) produced positive free cash flow (FCF) last quarter, albeit at a lower level on a trailing 12-month (TTM) basis than in 2024. However, its upcoming results could surprise analysts.
That is based on analysts' revenue projections and company guidance. CCL could be worth $25.52, or +26% higher. Shorting out-of-the-money (OTM) puts is one play here.