Market Overview

Carnival Corp Higher After Q3 Beat


Carnival Corp (NYSE: CCL) shares are trading higher by $1.60 (3 percent) at $65.10 in Tuesday's session.

The catalyst for the rally is a Q3 EPS beat of 9 cents along with a sales beat of $110 million. The company also raised the lower end of its FY 2017 EPS outlook.

After a higher open, Carnival continued in that direction until peaking at $66.25 and reversed course. That high coincides with its September 18 high of $66.09.

So far, the ensuing decline has not yet breached its early morning low of $64.78, but came within pennies of it before rebounding back into the $65.00 handle.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Related Articles (CCL)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Nike Consolidates Ahead Of Q1 Report

Adidas Falls On Corruption Charges Implicating NCAA Coaches, Financial Advisers