Q3 2019 Earnings Forecast for Carnival Corp (NYSE:CCL) Issued By SunTrust Banks – Mayfield Recorder
Carnival Corp (NYSE:CCL) – Stock analysts at SunTrust Banks lowered their Q3 2019 earnings per share estimates for shares of Carnival in a report issued on Friday, June 21st, according to Zacks Investment Research. SunTrust Banks analyst P. Scholes now expects that the company will earn $2.51 per share for the quarter, down from their previous forecast of $2.67. SunTrust Banks also issued estimates for Carnival’s Q4 2019 earnings at $0.66 EPS, FY2019 earnings at $4.32 EPS, Q1 2020 earnings at $0.54 EPS, Q3 2020 earnings at $2.71 EPS, Q4 2020 earnings at $0.73 EPS and FY2020 earnings at $4.63 EPS. Buckingham Research downgraded Carnival from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $65.00 to $54.00 in a research report on Monday, April 15th.