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Barchart
Rashmi Kumari

What You Need to Know Ahead of Carnival Corporation's Earnings Release

Carnival Corporation Carnival CCL

Carnival Corporation & plc (CCL), founded in 1972 and headquartered in Miami, Florida, is the world's largest cruise company, operating a diverse portfolio of leading cruise brands, including Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn. With a market cap of $29.6 billion, Carnival serves millions of guests annually across global destinations, offering exceptional vacation experiences. Carnival is scheduled to announce its Q1 earnings results before the market opens on Wednesday, Mar. 26.

Ahead of the event, analysts expect CCL to report a profit of $0.02 per share on a diluted basis, up 114.3% from a loss of $0.14 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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