Carnival Corporation & Future Growth
Future criteria checks 3/6
Carnival & is forecast to grow earnings and revenue by 19.8% and 4.1% per annum respectively. EPS is expected to grow by 18% per annum. Return on equity is forecast to be 20.9% in 3 years.
Key information
19.8%
Earnings growth rate
18.0%
EPS growth rate
| Hospitality earnings growth | 26.1% |
| Revenue growth rate | 4.1% |
| Future return on equity | 20.9% |
| Analyst coverage | Good |
| Last updated | 20 Nov 2024 |
Recent future growth updates
Carnival Corporation & plc Just Reported A Surprise Profit And Analysts Updated Their Estimates
Jun 27
Earnings Update: Carnival Corporation & plc (NYSE:CCL) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Mar 29Recent updates
Carnival Cruise Lines: Knockout Q3 2024 Results May Auger A Rocket Ride Beyond Bullish Analyst PTs
Nov 14Carnival Cruise Lines: Interest Payments Will Continue To Pressure Bottom Line
Nov 08Slowing Rates Of Return At Carnival Corporation & (NYSE:CCL) Leave Little Room For Excitement
Oct 28Optimistic Investors Push Carnival Corporation & plc (NYSE:CCL) Shares Up 26% But Growth Is Lacking
Oct 10Carnival: Rallying Confidently Above The Pessimism
Oct 02Carnival Corporation & (NYSE:CCL) Has A Somewhat Strained Balance Sheet
Sep 25Carnival Corporation: Earnings Jump Seen In Q3 2024, But It's Priced In
Sep 25Carnival Corporation: Fed's Rate Cuts Ease Its Debt Load
Sep 17Carnival Corporation: Sailing Out Of Trouble
Sep 01Carnival Corporation & plc's (NYSE:CCL) Business Is Yet to Catch Up With Its Share Price
Aug 20Carnival Is Making A Comeback Against All Odds
Aug 17The Returns At Carnival Corporation & (NYSE:CCL) Aren't Growing
Jul 15Why I Believe Carnival Can Potentially Appreciate By More Than 60%
Jul 15Carnival Corporation: Significantly Overvalued
Jun 27Carnival Corporation & plc Just Reported A Surprise Profit And Analysts Updated Their Estimates
Jun 27Carnival Corp. Q2 Preview: Assessing Debt Impacts On Growth Outlook
Jun 18Carnival: Fears Have Likely Peaked, Time To Turn Bullish (Rating Upgrade)
Jun 03Carnival: Set To Cruise Back Up (Rating Upgrade)
May 13Carnival Corporation & plc's (NYSE:CCL) Price Is Right But Growth Is Lacking
May 04Carnival: Strong Start To 2024
Apr 01Earnings Update: Carnival Corporation & plc (NYSE:CCL) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Mar 29Carnival: Strong Profitability Expected In 2024
Mar 17Is Carnival Corporation & (NYSE:CCL) Using Too Much Debt?
Mar 11Carnival: Good Prospects But I Stay On The Sidelines
Feb 22Carnival: Improving Fundamentals But Stock Remains A Hold
Feb 14Here's What's Concerning About Carnival Corporation &'s (NYSE:CCL) Returns On Capital
Jan 25Carnival: Profits In Sight
Dec 27What Carnival Corporation & plc's (NYSE:CCL) 28% Share Price Gain Is Not Telling You
Dec 20Carnival: Time For A Pause Following A Likely Fiscal Q4 Loss
Dec 18Carnival Corporation: Continued Recovery Ahead
Dec 05Carnival Corporation & (NYSE:CCL) Use Of Debt Could Be Considered Risky
Nov 24Carnival: Despite Headwinds, Optimism Continues
Nov 23Buying Carnival At This Dip Is Still Premature
Nov 07Carnival: Will All The Debt Cause The Ships Sinking?
Oct 31An Intrinsic Calculation For Carnival Corporation & plc (NYSE:CCL) Suggests It's 27% Undervalued
Oct 25Returns On Capital At Carnival Corporation & (NYSE:CCL) Paint A Concerning Picture
Oct 10Buying Carnival Stock For The First Time In 3 Years
Oct 05Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 11/30/2026 | 27,069 | 2,651 | 4,325 | 6,196 | 19 |
| 11/30/2025 | 26,143 | 2,283 | 3,292 | 5,678 | 22 |
| 11/30/2024 | 24,991 | 1,678 | 2,696 | 6,024 | 20 |
| 8/31/2024 | 24,479 | 1,565 | 1,225 | 5,934 | N/A |
| 5/31/2024 | 23,437 | 903 | 1,594 | 6,563 | N/A |
| 2/29/2024 | 22,567 | 405 | 1,314 | 5,661 | N/A |
| 11/30/2023 | 21,593 | -74 | 997 | 4,281 | N/A |
| 8/31/2023 | 20,036 | -1,624 | -548 | 3,242 | N/A |
| 5/31/2023 | 17,488 | -3,467 | -2,427 | 1,064 | N/A |
| 2/28/2023 | 14,979 | -4,895 | -3,355 | -70 | N/A |
| 11/30/2022 | 12,169 | -6,093 | -6,610 | -1,670 | N/A |
| 8/31/2022 | 9,617 | -7,115 | -6,167 | -1,921 | N/A |
| 5/31/2022 | 5,857 | -9,182 | -7,127 | -2,456 | N/A |
| 2/28/2022 | 3,505 | -9,419 | -8,381 | -3,818 | N/A |
| 11/30/2021 | 1,908 | -9,501 | -7,716 | -4,109 | N/A |
| 8/31/2021 | 655 | -9,103 | -10,234 | -5,393 | N/A |
| 5/31/2021 | 141 | -9,126 | -11,468 | -7,359 | N/A |
| 2/28/2021 | 832 | -11,428 | -12,788 | -8,720 | N/A |
| 11/30/2020 | 5,594 | -10,236 | -9,921 | -6,301 | N/A |
| 8/31/2020 | 10,342 | -7,591 | -7,468 | -3,588 | N/A |
| 5/31/2020 | 16,843 | -2,952 | -3,574 | 502 | N/A |
| 2/29/2020 | 20,941 | 1,873 | 649 | 5,275 | N/A |
| 11/30/2019 | 20,825 | 2,990 | 46 | 5,475 | N/A |
| 8/31/2019 | 20,500 | 3,060 | 1,114 | 5,527 | N/A |
| 5/31/2019 | 19,803 | 2,988 | 1,062 | 5,631 | N/A |
| 2/28/2019 | 19,322 | 3,097 | 297 | 5,601 | N/A |
| 11/30/2018 | 18,881 | 3,152 | 1,800 | 5,549 | N/A |
| 8/31/2018 | 18,684 | 3,205 | 2,028 | 5,460 | N/A |
| 5/31/2018 | 18,363 | 2,827 | N/A | 5,560 | N/A |
| 2/28/2018 | 17,951 | 2,645 | N/A | 5,454 | N/A |
| 11/30/2017 | 17,510 | 2,606 | N/A | 5,322 | N/A |
| 8/31/2017 | 17,186 | 2,668 | N/A | 5,322 | N/A |
| 5/31/2017 | 16,768 | 2,762 | N/A | 5,302 | N/A |
| 2/28/2017 | 16,529 | 2,989 | N/A | 5,268 | N/A |
| 11/30/2016 | 16,389 | 2,779 | N/A | 5,134 | N/A |
| 8/31/2016 | 16,165 | 2,441 | N/A | 5,088 | N/A |
| 5/31/2016 | 15,951 | 2,233 | N/A | 4,940 | N/A |
| 2/29/2016 | 15,834 | 1,850 | N/A | 4,572 | N/A |
| 11/30/2015 | 15,714 | 1,757 | N/A | 4,545 | N/A |
| 8/31/2015 | 15,722 | 1,384 | N/A | 4,204 | N/A |
| 5/31/2015 | 15,786 | 1,409 | N/A | 4,043 | N/A |
| 2/28/2015 | 15,830 | 1,285 | N/A | 3,724 | N/A |
| 11/30/2014 | 15,884 | 1,216 | N/A | 3,430 | N/A |
| 8/31/2014 | 15,823 | 1,385 | N/A | 3,268 | N/A |
| 5/31/2014 | 15,602 | 1,078 | N/A | 2,951 | N/A |
| 2/28/2014 | 15,448 | 1,021 | N/A | 2,912 | N/A |
| 11/30/2013 | 15,456 | 1,055 | N/A | 2,834 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCL's forecast earnings growth (19.8% per year) is above the savings rate (2.6%).
Earnings vs Market: CCL's earnings (19.8% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: CCL's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCL's revenue (4.1% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: CCL's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCL's Return on Equity is forecast to be high in 3 years time (20.9%)