Carnival Earnings Preview

On Tuesday morning prior to the opening bell, Carnival Corporation CCL will be releasing its quarterly earnings results. Wall Street analysts have consensus EPS estimates of $0.28 heading into the report. The high estimate is $0.30 with a low estimate of $0.26. In the year ago quarter, CCL reported EPS of $0.31, which was in line with analysts consensus estimates. On the sales front, Wall Street analysts have consensus revenue estimates of $3.79 billion. The high estimate is $3.87 billion with a low estimate of $3.69 billion. In last year's corresponding quarter, CCL reported revenue of $3.50 billion. Over the last 3 months, consensus EPS estimates have fallen $0.08 from $0.36. During this time, CCL shares have risen 1.71%. On Monday, CCL fell 3.16% to $32.80 ahead of Tuesday's critical earnings report.