Jun. 23 at 12:02 PM
$CCL $CUK I don't know how I missed this on Friday
Carnival Seen Achieving Above-Average Net Yield Growth in 2025, UBS Says
09:58:04 AM ET, 06/20/2025 - MT Newswires
09:58 AM EDT, 06/20/2025 (MT Newswires) -- Carnival (CCL) can achieve its guidance of above-average net yield growth in 2025, UBS Securities said in a note Friday.
Ahead of the release of Carnival's Q2 results on Tuesday, UBS said it expects the cruise operator's Q2 net yield to be up 4.4% year-over-year in constant currency terms, compared with the company's guide of 4.4% growth and the Street's expectations for 4.65% growth.
UBS analysts also said they "see potential upside to guide and our estimate given the strong booking trends into the quarter."
For 2025, the investment firm said it expects Carnival's net yield to be up 4.8% in constant currency terms, above the company's 4.7% guide and the Street's expectations for 4.6% growth.
UBS has a buy rating on the stock with a
$30 price target.
