Carnival (CCL) Outpaces Stock Market Gains: What You Should Know

Carnival (CCL) closed the most recent trading day at $9.03, moving +1.57% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.75%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.01%.

Heading into today, shares of the cruise operator had gained 3.86% over the past month, lagging the Consumer Discretionary sector’s gain of 6.06% and outpacing the S&P 500’s gain of 3.49% in that time.

Investors will be hoping for strength from Carnival as it approaches its next earnings release. The company is expected to report EPS of -$0.87, up 49.42% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $4…

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