Carnival Earnings Estimate

CCL Stock  USD 32.72  0.63  1.89%   
The next projected EPS of Carnival is estimated to be 0.4826 with future projections ranging from a low of 0.43 to a high of 0.54. Carnival's most recent 12-month trailing earnings per share (EPS TTM) is at 2.02. Please be aware that the consensus of earnings estimates for Carnival is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Carnival is projected to generate 0.4826 in earnings per share on the 31st of May 2026. Carnival earnings estimates show analyst consensus about projected Carnival EPS (Earning Per Share). It derives the highest and the lowest estimates based on Carnival's historical volatility. Many public companies, such as Carnival, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Carnival Revenue Breakdown by Earning Segment

By analyzing Carnival's earnings estimates, investors can diagnose different trends across Carnival's analyst sentiment over time as well as compare current estimates against different timeframes. Gross Profit is expected to rise to about 9.5 B this year. Pretax Profit Margin is expected to rise to 0.13 this yearCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.

Carnival Earnings Estimation Breakdown

The calculation of Carnival's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Carnival is estimated to be 0.4826 with the future projection ranging from a low of 0.43 to a high of 0.54. Please be aware that this consensus of annual earnings estimates for Carnival is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.43
Lowest
Expected EPS
0.4826
0.54
Highest

Carnival Earnings Projection Consensus

Suppose the current estimates of Carnival's value are higher than the current market price of the Carnival stock. In this case, investors may conclude that Carnival is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Carnival's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of May 2026Current EPS (TTM)
2959.94%
0.0
0.4826
2.02

Carnival Earnings per Share Projection vs Actual

Actual Earning per Share of Carnival refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Carnival predict the company's earnings will be in the future. The higher the earnings per share of Carnival, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Carnival Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Carnival, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Carnival should always be considered in relation to other companies to make a more educated investment decision.

Carnival Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Carnival's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
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nullnullnullnull
2025-12-19
2025-11-300.250.340.0936 
2025-09-29
2025-08-311.311.430.12
2025-06-24
2025-05-310.240.350.1145 
2025-03-21
2025-02-280.020.130.11550 
2024-12-20
2024-11-300.070.140.07100 
2024-09-27
2024-08-311.151.270.1210 
2024-06-25
2024-05-31-0.020.110.13650 
2024-03-27
2024-02-29-0.18-0.140.0422 
2023-12-21
2023-11-30-0.13-0.070.0646 
2023-09-29
2023-08-310.750.860.1114 
2023-06-26
2023-05-31-0.34-0.310.03
2023-03-27
2023-02-28-0.6-0.550.05
2022-12-21
2022-11-30-0.87-0.850.02
2022-09-30
2022-08-31-0.15-0.58-0.43286 
2022-06-24
2022-05-31-1.17-1.64-0.4740 
2022-03-22
2022-02-28-1.26-1.66-0.431 
2021-12-20
2021-11-30-1.43-1.72-0.2920 
2021-09-24
2021-08-31-1.48-1.75-0.2718 
2021-06-24
2021-05-31-1.6-1.8-0.212 
2021-04-07
2021-02-28-1.54-1.79-0.2516 
2021-01-26
2020-11-30-1.94-2.02-0.08
2020-10-08
2020-08-31-2.2-2.190.01
2020-07-10
2020-05-31-2.26-3.3-1.0446 
2020-03-19
2020-02-290.270.22-0.0518 
2019-12-20
2019-11-300.50.620.1224 
2019-09-26
2019-08-312.532.630.1
2019-06-20
2019-05-310.610.660.05
2019-03-26
2019-02-280.440.490.0511 
2018-12-20
2018-11-300.690.70.01
2018-09-27
2018-08-312.322.360.04
2018-06-25
2018-05-310.60.680.0813 
2018-03-22
2018-02-280.430.520.0920 
2017-12-19
2017-11-300.510.630.1223 
2017-09-26
2017-08-312.22.290.09
2017-06-22
2017-05-310.470.520.0510 
2017-03-28
2017-02-280.350.380.03
2016-12-20
2016-11-300.580.670.0915 
2016-09-26
2016-08-311.891.920.03
2016-06-28
2016-05-310.390.490.125 
2016-03-30
2016-02-290.320.390.0721 
2015-12-18
2015-11-300.410.50.0921 
2015-09-22
2015-08-311.631.750.12
2015-06-23
2015-05-310.160.250.0956 
2015-03-27
2015-02-280.090.20.11122 
2014-12-19
2014-11-300.20.270.0735 
2014-09-23
2014-08-311.441.580.14
2014-06-24
2014-05-310.020.10.08400 
2014-03-25
2014-02-28-0.08-0.01930.060775 
2013-09-24
2013-08-311.31.380.08
2013-06-25
2013-05-310.060.090.0350 
2013-03-15
2013-02-280.020.080.06300 
2012-12-20
2012-11-300.110.130.0218 
2012-09-25
2012-08-311.431.530.1
2012-06-22
2012-05-310.080.20.12150 
2012-03-09
2012-02-29-0.08-0.2-0.12150 
2011-12-20
2011-11-300.280.280.0
2011-09-20
2011-08-311.631.690.06
2011-06-21
2011-05-310.230.260.0313 
2011-03-22
2011-02-280.190.190.0
2010-12-21
2010-11-300.310.310.0
2010-09-21
2010-08-311.471.620.1510 
2010-06-22
2010-05-310.290.320.0310 
2010-03-23
2010-02-280.140.220.0857 
2009-12-18
2009-11-300.20.240.0420 
2009-09-22
2009-08-311.171.330.1613 
2009-06-18
2009-05-310.280.330.0517 
2009-03-24
2009-02-280.190.330.1473 
2008-12-18
2008-11-300.40.470.0717 
2008-09-18
2008-08-311.581.650.07
2008-06-19
2008-05-310.410.490.0819 
2008-03-20
2008-02-290.290.30.01
2007-12-20
2007-11-300.430.440.01
2007-09-20
2007-08-311.621.670.05
2007-06-19
2007-05-310.470.480.01
2007-03-16
2007-02-280.340.350.01
2006-12-21
2006-11-300.470.510.04
2006-09-21
2006-08-311.461.490.03
2006-06-16
2006-05-310.440.460.02
2006-03-23
2006-02-280.360.34-0.02
2005-12-16
2005-11-300.410.430.02
2005-09-19
2005-08-311.351.360.01
2005-06-16
2005-05-310.450.490.04
2005-03-21
2005-02-280.40.420.02
2004-12-16
2004-11-300.310.360.0516 
2004-09-17
2004-08-311.21.230.03
2004-06-17
2004-05-310.350.410.0617 
2004-03-22
2004-02-290.220.250.0313 
2003-12-18
2003-11-300.270.26-0.01
2003-09-18
2003-08-310.880.90.02
2003-06-26
2003-05-310.220.19-0.0313 
2003-03-21
2003-02-280.180.220.0422 
2002-12-19
2002-11-300.30.330.0310 
2002-09-20
2002-08-310.770.850.0810 
2002-07-22
2002-05-310.30.330.0310 
2002-03-21
2002-02-280.160.220.0637 
2001-12-20
2001-11-300.180.20.0211 
2001-09-20
2001-08-310.810.840.03
2001-06-21
2001-05-310.30.320.02
2001-03-21
2001-02-280.20.220.0210 
2000-12-21
2000-11-300.360.370.01
2000-09-21
2000-08-310.640.670.03
2000-06-20
2000-05-310.310.320.01
2000-03-17
2000-02-290.280.280.0
1999-12-17
1999-11-300.390.40.01
1999-09-16
1999-08-310.640.670.03
1999-06-17
1999-05-310.310.330.02
1999-03-18
1999-02-280.240.260.02
1998-12-17
1998-11-300.330.370.0412 
1998-09-16
1998-08-310.560.590.03
1998-06-22
1998-05-310.250.270.02
1998-03-20
1998-02-280.170.190.0211 
1997-12-19
1997-11-300.250.260.01
1997-09-18
1997-08-310.50.50.0
1997-06-19
1997-05-310.210.220.01
1997-03-20
1997-02-280.140.140.0
1996-12-19
1996-11-300.190.20.01
1996-09-19
1996-08-310.430.430.0
1996-06-20
1996-05-310.180.190.01
1996-03-20
1996-02-290.130.140.01
1995-12-20
1995-11-300.150.150.0
1995-09-19
1995-08-310.350.370.02
1995-06-21
1995-05-310.160.160.0

About Carnival Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Carnival earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Carnival estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Carnival fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings5.5 B9.8 B
Retained Earnings Total Equity309.4 M293.9 M
Earnings Yield 0.09  0.10 
Price Earnings Ratio 14.18  11.14 
Price Earnings To Growth Ratio 0.35  0.37 

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When determining whether Carnival is a strong investment it is important to analyze Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carnival's future performance. For an informed investment choice regarding Carnival Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carnival. Projected growth potential of Carnival fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Carnival assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.358
Earnings Share
2.02
Revenue Per Share
20.291
Quarterly Revenue Growth
0.066
Return On Assets
0.0541
Understanding Carnival requires distinguishing between market price and book value, where the latter reflects Carnival's accounting equity. The concept of intrinsic value - what Carnival's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Carnival's price substantially above or below its fundamental value.
It's important to distinguish between Carnival's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Carnival should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Carnival's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.