Carnival Cruise Line expected to report earnings report ahead of Wednesday’s close
Yahoo Finance Live anchor Dave Briggs looks to Carnival Cruise Line's stock ahead of its latest earnings report due out before tomorrow's closing bell.
Video Transcript
DAVE BRIGGS: My stock to watch for tomorrow is Carnival Corporation, ticker CCL. The cruise company is set to report its fourth-quarter earnings ahead of the bell. Analysts are expecting a loss of $0.87 per share and revenue of $3.9 billion. We'll be listening to the call to hear what the company has to say about demand as more and more people do indeed feel comfortable traveling again.
Carnival shares have been hammered this year. As you can see, off about 60%.