Carnival's stock leaps after analyst urges investors to buy ahead of earnings report

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Carnival's stock surges after Deutsche Bank makes a short-term "catalyst call" to buy ahead of the cruise operator's earnings report.

Shares of Carnival Corp. surged Monday, after Deutsche Bank analyst Chris Woronka made a short-term recommendation to buy, a week before the cruise operator reports fiscal first-quarter results.

Carnival’s stock CCL bounced 2.7% in midday trading, after closing at a 2 ½-month low on Friday. It outperformed its peers as shares of Norwegian Cruise Line Holdings Ltd. NCLH fell 0.7%, after news that its chief executive officer was stepping down, and shares of Royal Caribbean Group RCL edged up 0.6%.

The stock has rallied 8.9% year-to-date, but has tumbled 28% since closing at an eight-month high of $12.19 on Feb. 7. In comparison, the S&P 500 index SPX has tacked on 2.8% this year, but has dropped 5.2% since Feb. 7. Carnival reports results for its quarter through February before the market opens on March 27. The average estimates for analysts surveyed by FactSet are for per-share losses to narrow to 60 cents from $1.65 a year ago and for revenue to jump to $4.32 billion from $1.62 billion.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Sounds like a great opportunity to capitalize on!

Analysts and other big investors get insider info from companies since they talk to the management. How is trading/investing based on that legal? Huge corruption. ewarren SECGov fbi SenSanders POTUS USTreasury SenSchumer CNBC

I must have missed this reported surge.... Looks to be over already

Pump n dump?

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Bank stocks whipsawed last week but bank profit estimates barely budgedWall Street analysts who try to predict companies' results have been calmer about financial-industry profits overall. At least so far. Wow, so much effort just to end up right back where they started! It's interesting to see how Wall Street and businesses on the ground are responding differently to bank earnings this week. BankEarnings 'Must be nice to be on Wall Street. Meanwhile us plebs are just scrambling to make ends meet.'
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »