Carnival (NYSE:CUK) Releases Q2 2026 Earnings Guidance

Carnival (NYSE:CUK) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.340-0.340 for the period, compared to the consensus estimate of 0.000. The company issued revenue guidance of -. Carnival also updated its FY 2026 guidance to 2.210-2.210 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Zacks Research raised Carnival to a “hold” rating in a research report on Thursday, January 22nd. Weiss Ratings upgraded Carnival from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy”.

Carnival Stock Performance

Shares of CUK stock traded down $0.06 on Thursday, reaching $27.85. The stock had a trading volume of 3,568,884 shares, compared to its average volume of 2,933,367. The stock has a market cap of $5.25 billion, a P/E ratio of 12.38 and a beta of 2.51. Carnival has a 1 year low of $15.39 and a 1 year high of $33.72. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.28 and a current ratio of 0.30. The company has a 50 day simple moving average of $28.39 and a 200 day simple moving average of $27.36.

Carnival (NYSE:CUK) last released its quarterly earnings results on Friday, March 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%. Equities research analysts expect that Carnival will post 1.7 EPS for the current year.

Insider Activity

In other news, Director Sir Jonathon Band sold 11,988 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total value of $313,965.72. Following the transaction, the director directly owned 52,601 shares in the company, valued at $1,377,620.19. This trade represents a 18.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.08% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Carnival

A number of institutional investors have recently bought and sold shares of CUK. KCM Capital Inc bought a new position in Carnival in the 4th quarter worth $36,648,000. Voloridge Investment Management LLC raised its holdings in Carnival by 4,622.5% in the 4th quarter. Voloridge Investment Management LLC now owns 803,443 shares of the company’s stock worth $24,368,000 after purchasing an additional 786,430 shares during the period. NINE MASTS CAPITAL Ltd bought a new position in Carnival in the 3rd quarter worth $17,600,000. Renaissance Technologies LLC raised its holdings in Carnival by 17.2% in the 4th quarter. Renaissance Technologies LLC now owns 2,903,970 shares of the company’s stock worth $88,077,000 after purchasing an additional 425,870 shares during the period. Finally, Groupe la Francaise bought a new stake in Carnival during the fourth quarter valued at about $10,731,000. 23.80% of the stock is owned by institutional investors.

Carnival Company Profile

Carnival plc (NYSE: CUK) is one of the world’s leading cruise operators, offering leisure travel services to millions of passengers each year. Through its portfolio of brands, the company provides passenger cruises that combine accommodations, entertainment, dining, shore excursions and onboard amenities. Carnival’s vessels range from contemporary “fun ships” to premium and luxury experiences, catering to a broad spectrum of travelers from families and couples to solo adventurers.

Founded in 1972 by Ted Arison, the company has grown through organic fleet expansion and strategic acquisitions.