Analysts expect Carnival Corporation to report roughly US$8.4 billion in revenue and earnings per share of about US$1.35 when it releases its fiscal third-quarter 2026 results, with a downward shift in earnings estimates and concerns over itinerary disruptions and fuel costs now central to how investors assess the cruise operator's resilience. The company's longer-term narrative projects $30.6 billion in revenue and $4.0 billion in earnings by 2029, requiring 3.8% yearly revenue growth and about a $0.9 billion earnings increase from $3.1 billion today, while the most optimistic analysts see earnings reaching about US$4.4 billion by 2029. Carnival launched the Carnival Rewards Mastercard in September 2026, a move that ties more guest spending into its ecosystem and supports the loyalty program catalyst even as near-term estimates are cut. The company's forecasts imply a $34.83 fair value, a 57% upside to its current price.
Carnival CorporationAnalysts trimmed Carnival's Q3 2026 earnings estimates amid itinerary disruptions and fuel cost concerns, with a $34.83 fair value implying 57% upside.
