RE: Tuesday >> We closed at $15.553 Apr 2024 15:00
"By all accounts, 2024 should be the year Carnival completes its recovery. Analysts on average forecast another revenue-record-setting year ($24.6 billion) and nearly $1 a share in profits (giving the stock a modest P/E ratio of 18). And things are likely to only get better from there.
"Over the next five years, Carnival sales are expected to grow 11% annually, while its earnings rise more than double to $2.53 per share. Granted, debt is still a problem -- Carnival owes $29.5 billion net of cash on hand -- and the company needs to keep making progress paying that down. But bankruptcy fears seem behind Carnival for well and good now, and sunnier seas lie ahead".
GLA.