Carnival Corporation reports strong Q4 earnings, stock surges 6.51%

From StockTwits: 2024-12-20 17:10:27

Shares of Carnival Corporation rose 6.51% after reporting better-than-expected fourth-quarter earnings driven by strong progress and pricing in 2024. Earnings per share were $0.14, beating Wall Street’s estimate of $0.08. Revenues of $5.94 billion met expectations. CEO Josh Weinstein expressed optimism for another strong year ahead. Retail sentiment on the stock improved to ‘extremely bullish’. Analysts raised the price target to $200 with a Buy rating. Carnival stock is up 40% year-to-date. For updates, email newsroom[at]stocktwits[dot]com.



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