Cruise Lines Recover

09:30am, Monday, 27'th Jun 2022
Shares of cruise line operators jumped Friday after Carnival forecast a profit for the current quarter, lifting shares of Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH)
Shares of Carnival Corp. CCL, +12.44% CCL, +3.54% fell 0.7% in premarket trading Monday, after Stifel Nicolaus analyst Steven Wieczynski "drastically" lowered his estimates to take account for the neg
Can they keep climbing?
Yahoo Finance anchors Rachelle Akuffo, Emily McCormick and Dave Briggs discuss the triple play stocks of the day including; FedEx shares up after reporting stronger-than-expected guidance, Blackberry
Today, investors in Carnival and CCL stock are cheering positive earnings results, brushing off other potential headwinds. The post New York Cybersecurity Lawsuit Threatens to Rain on Carnival's Q2 Pa
Carnival Corp & Carnival PLC (NYSE:CCL ) Q1 2022 Earnings Conference Call June 24, 2022 10:00 AM ET Company Participants Arnold Donald - CEO, Chief Climate Officer, President & Director Josh Weinstein

Why Is Carnival (CCL) Stock Up 10% Today?

12:54pm, Friday, 24'th Jun 2022
Carnival (CCL) stock is rising higher on Friday following the release of its earnings report for the second quarter of 2022. The post Why Is Carnival (CCL) Stock Up 10% Today?
The cruise industry is riding a wave of good news today.
Carnival (CCL) delivered earnings and revenue surprises of -43.86% and 15.29%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Why Carnival Shares Are Surging Today

11:11am, Friday, 24'th Jun 2022
Carnival Corp (NYSE: CCL) (NYSE: CUK) reported second-quarter FY22 sales growth of 50% Q/Q to $2.4 billion, missing the consensus of $2.62 billion. The operating costs and expenses rose 132% to $3.
Revenue in the second quarter of $2.4 billion rose nearly 50% from the first quarter of 2022.
Shares of Carnival Corp. CCL, +4.66% rallied 3.5% in morning trading Friday, after the cruise operator provided business update for the second quarter, in which cash from operations turned positive bu
(Reuters) -Carnival Corp on Friday missed Wall Street estimates for quarterly revenue due to weakening cruise demand as decades-high inflation start to hit consumer spending.
The three major U.S. equity indexes closed higher Tuesday, with the Nasdaq adding 2.51%, the S&P 500 rising by 2.45% and the Dow Jones industrials closing up 2.15%.
There's still no compelling reason to believe the shares of cruise operators have bottomed, as a “trifecta of worries” still remain, said Deutsche Bank analyst Chris Woronka.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE