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Can Carnival Stock Cruise Higher Next Week?

TheMotleyFool 
0 0 27.09.24
Can Carnival Stock Cruise Higher Next Week?Photo, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png
 

This may be the lull before earnings season starts up in earnest in a few weeks, but that doesn't mean that there's a moratorium on financial updates. Carnival (NYSE: CCL) (NYSE: CUK) reports its fiscal third-quarter results before the market opens on Monday.

The final trading day of the month -- and quarter -- won't be sleepy. Carnival's report covers the months of June, July, and August. This is the peak travel season for the cruise industry. Expectations may be high and rising, but Carnival has been up to the challenge before.

A lot is riding on next week's fresh numbers. The world's largest cruise line operator may be trading essentially where it was at the start of this year, but it did more than double last year.

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Source Fool.com

Carnival plc Stock

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