FactSet analysts are expecting Carnival to report earnings per share of $1.45, compared to the company's 2013 third quarter EPS of $1.38.
Analysts have forecast 2014 third quarter revenue of $4.9 billion, compared to the $4.7 billion the company reported for the same period last year.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Travel agents are reporting cruise goers have begun booking their 2015 vacations earlier, and with prices trending higher, Carnival is likely to benefit, a Stifel Nicolaus analyst said in a report on Friday, Market Watch noted.
Shares of Carnival closed lower by 0.91% to $40.35 on Monday.
Separately, TheStreet Ratings team rates CARNIVAL CORP/PLC (USA) as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate CARNIVAL CORP/PLC (USA) (CCL) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."