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Dipanjan Banchur

What to Expect From Carnival Corporation's Q3 2024 Earnings Report

CCL

Carnival Corporation & plc (CCL), headquartered in Miami, Florida, is a cruise and vacation company. Valued at $19.36 billion by market cap, the company operates from 14 U.S. and two Australian homeports and seasonally from Europe. The leading cruise line is expected to announce its fiscal third-quarter earnings for 2024 on Friday, Oct. 4.

Ahead of the event, analysts expect CCL to report a profit of $1.15 per share on a diluted basis, up 33.7% from $0.86 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. At the end of the previous quarter, CCL had $4.6 billion of liquidity.

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