Carnival (CCL) Ascends While Market Falls: Some Facts to Note

Company Performance - Carnival's stock closed at $23.63, reflecting a +1.77% change from the previous session, outperforming the S&P 500's daily loss of 0.5% [1] - Over the past month, Carnival's shares have decreased by 8.65%, underperforming the Consumer Discretionary sector's gain of 10.12% and the S&P 500's loss of 0.47% [1] Earnings Forecast - The upcoming earnings report is expected to show an EPS of$ 0.02, indicating a 114.29% growth compared to the same quarter last year [2] - Revenue is projected to be $5.75 billion, representing a 6.34% increase from the year-ago quarter [2] Annual Estimates - For the annual period, earnings are anticipated to be$ 1.77 per share and revenue at $26.01 billion, reflecting increases of +24.65% and +3.97% respectively from the previous year [3] - Recent analyst estimate revisions suggest a favorable outlook on Carnival's business health and profitability [3] Valuation Metrics - Carnival is currently trading at a Forward P/E ratio of 13.1, which is below the industry average of 19.76, indicating a discount [6] - The company has a PEG ratio of 0.69, aligning with the Leisure and Recreation Services industry's average PEG ratio [7] Industry Context - The Leisure and Recreation Services industry is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [8] - The top 50% rated industries are shown to outperform the bottom half by a factor of 2 to 1 [8]