Fri Dec 20 14:10:00 UTC 2024: ## Carnival Cruise Line Poised for Earnings Beat, Shares Rise Ahead of Report

**Miami, FL – December 19, 2024** – Carnival Corporation (CCL) is set to release its fourth-quarter financial results this Friday, December 20th, before market open. Analysts predict a significant turnaround for the cruise giant, forecasting earnings of 7 cents per share – a stark contrast to the 7-cent loss reported in the same period last year. Revenue is projected to reach $5.93 billion, up from $5.4 billion in Q4 2023.

This positive outlook follows a strong third quarter where Carnival exceeded expectations, reporting adjusted earnings of $1.27 per share (versus analyst estimates of $1.16) and revenue of $7.90 billion ($7.83 billion expected). The positive forecast has fueled investor confidence, with CCL shares closing up 1.5% at $25.18 on Thursday.

Investors awaiting Friday’s report can access detailed analyst ratings and further information on Benzinga’s Analyst Stock Ratings page. While Benzinga provides this information, it does not offer investment advice.

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