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In a report published Monday, Wedbush Securities analyst James Hardiman reiterated a Neutral rating and $52.00 price target on
Carnival CorporationCCL.
In the report, Wedbush Securities noted, "Friday morning, Carnival reported 1Q15 non-GAAP EPS of $0.20, which was $0.11 better than the consensus estimate of $0.09 and $0.13 better than our estimate of $0.07. Versus the midpoint of guidance ($0.09), the beat consisted of $0.06 from better-than-expected net revenue yields driven by onboard spending, with the remainder coming from the timing of costs."
Carnival closed on Friday at $47.12.
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