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Valued at a market cap of $21.8 billion, Carnival Corporation & plc (CCL) is a cruise company that provides leisure travel services. The Miami, Florida-based company offers cruise vacations to all major travel destinations worldwide, including the Caribbean, Europe, Alaska, and Asia. It is expected to announce its fiscal Q2 earnings for 2025 on Tuesday, Jun. 24.
Prior to this event, analysts project this cruise company to report a profit of $0.23 per share, up 109.1% from $0.11 per share in the year-ago quarter. The company has a promising trajectory of consistently beating Wall Street’s bottom-line estimates in each of the last four quarters. Its earnings of $0.13 per share in the previous quarter surpassed the consensus estimates by 550%.