Equities analysts expect that Carnival Corporation (NYSE:CUK) will announce $0.45 earnings per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Carnival Corporation’s earnings. The highest EPS estimate is $0.47 and the lowest is $0.43. Carnival Corporation reported earnings of $0.49 per share in the same quarter last year, which suggests a negative year over year growth rate of 8.2%. The firm is scheduled to issue its next earnings results before the market opens on Tuesday, June 27th.

According to Zacks, analysts expect that Carnival Corporation will report full year earnings of $3.60 per share for the current fiscal year, with EPS estimates ranging from $3.50 to $3.70. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Carnival Corporation.

Carnival Corporation (NYSE:CUK) last announced its quarterly earnings data on Tuesday, March 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.05. The business had revenue of $3.79 billion during the quarter. Carnival Corporation had a return on equity of 11.25% and a net margin of 18.09%.

In other Carnival Corporation news, Director Richard Glasier sold 6,000 shares of the stock in a transaction on Thursday, April 13th. The stock was sold at an average price of $58.29, for a total transaction of $349,740.00. Following the sale, the director now owns 26,684 shares of the company’s stock, valued at approximately $1,555,410.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sir John Parker sold 19,965 shares of the stock in a transaction on Friday, April 28th. The shares were sold at an average price of $60.98, for a total value of $1,217,465.70. Following the sale, the director now directly owns 22,798 shares in the company, valued at approximately $1,390,222.04. The disclosure for this sale can be found here. 0.04% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the stock. US Bancorp DE boosted its stake in shares of Carnival Corporation by 139.7% in the first quarter. US Bancorp DE now owns 16,029 shares of the company’s stock valued at $928,000 after buying an additional 9,343 shares during the period. RMB Capital Management LLC boosted its stake in shares of Carnival Corporation by 199.5% in the fourth quarter. RMB Capital Management LLC now owns 132,654 shares of the company’s stock valued at $6,791,000 after buying an additional 88,369 shares during the period. Marshall Wace LLP boosted its stake in shares of Carnival Corporation by 87.4% in the fourth quarter. Marshall Wace LLP now owns 174,040 shares of the company’s stock valued at $8,909,000 after buying an additional 81,178 shares during the period. Dynamic Technology Lab Private Ltd boosted its stake in shares of Carnival Corporation by 573.4% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 44,414 shares of the company’s stock valued at $2,273,000 after buying an additional 37,819 shares during the period. Finally, Two Sigma Investments LP boosted its stake in shares of Carnival Corporation by 197.1% in the fourth quarter. Two Sigma Investments LP now owns 120,297 shares of the company’s stock valued at $6,158,000 after buying an additional 79,813 shares during the period. 4.15% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Carnival Corporation (CUK) traded up 0.47% on Wednesday, reaching $65.92. The company’s stock had a trading volume of 154,752 shares. Carnival Corporation has a one year low of $43.45 and a one year high of $66.53. The firm has a 50-day moving average price of $63.15 and a 200 day moving average price of $56.85. The firm has a market capitalization of $47.86 billion, a PE ratio of 16.24 and a beta of 0.72.

The business also recently announced a quarterly dividend, which was paid on Friday, June 16th. Shareholders of record on Friday, May 26th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.43%. The ex-dividend date was Wednesday, May 24th. This is a boost from Carnival Corporation’s previous quarterly dividend of $0.35. Carnival Corporation’s dividend payout ratio (DPR) is 39.60%.

About Carnival Corporation

Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.

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