Carnival (NYSE:CUK) Releases Q2 2026 Earnings Guidance

Carnival (NYSE:CUK) issued an update on its second quarter 2026 earnings guidance on Thursday morning. 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.

Carnival Price Performance

Shares of CUK traded up $0.08 during mid-day trading on Thursday, hitting $27.99. The company’s stock had a trading volume of 2,616,191 shares, compared to its average volume of 2,918,112. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 1.82. The firm has a 50-day simple moving average of $28.39 and a 200 day simple moving average of $27.36. The firm has a market capitalization of $5.28 billion, a P/E ratio of 12.44 and a beta of 2.51. Carnival has a 1-year low of $15.39 and a 1-year high of $33.72.

Carnival (NYSE:CUK) last posted its quarterly earnings results on Friday, March 27th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $6.17 billion during the quarter, compared to analysts’ expectations of $6.13 billion. Carnival had a return on equity of 26.92% and a net margin of 11.48%. Analysts predict that Carnival will post 1.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on CUK shares. Zacks Research raised Carnival to a “hold” rating in a report on Thursday, January 22nd. Weiss Ratings raised Carnival from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Carnival currently has an average rating of “Moderate Buy”.

Insiders Place Their Bets

In related news, Director Sir Jonathon Band sold 11,988 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 52,601 shares of the company’s stock, valued at $1,377,620.19. This trade represents a 18.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by insiders.

Hedge Funds Weigh In On Carnival

Several hedge funds have recently bought and sold shares of CUK. CIBC Private Wealth Group LLC increased its stake in Carnival by 376.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 953 shares of the company’s stock valued at $25,000 after purchasing an additional 753 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Carnival in the 2nd quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. increased its stake in Carnival by 188.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company’s stock valued at $28,000 after purchasing an additional 729 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Carnival in the 4th quarter valued at approximately $34,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in Carnival by 3,007.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,336 shares of the company’s stock valued at $41,000 after purchasing an additional 1,293 shares in the last quarter. 23.80% of the stock is owned by hedge funds and other institutional investors.

About Carnival

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.