Carnival CorporationCarnival reports earnings; guidance and margin pressure from fuel costs are key, but outcome unknown.
Carnival Corp. reports its fiscal second-quarter results on Tuesday morning, with investors focused on whether the cruise line can extend its 11-quarter streak of beating adjusted earnings per share estimates. Wall Street expects a profit of $0.34 per share, down from $0.35 a year earlier, as rising fuel costs pressure margins. Guidance will be closely watched after rival Norwegian Cruise Line recently cut its full-year outlook and warned of negative net yields, a key industry metric. Carnival has also outperformed larger competitor Royal Caribbean in stock returns over the past year, gaining 30%, and a strong report could help it retain that newfound market leadership.
Carnival CorporationCarnival reports earnings; guidance and margin pressure from fuel costs are key, but outcome unknown.
Norwegian Cruise Line Holdings LtdNorwegian cut full-year outlook and warned of negative net yields, indicating weak demand.
Royal Caribbean Cruises LtdRoyal Caribbean is mentioned as a larger competitor that Carnival has outperformed, but no direct impact.
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