Carnival Corporation
Updated

Carnival earnings tomorrow pre-market

159
Carnival Cruise Lines (CCL) earnings are tomorrow 12/20 pre-market. It's possible they can have a Q4 earnings beat, but then disappoint on future guidance because the market sentiment is dicey with the Omicron hoopla. So it seems prudent to wait for more information. Albeit, the current setup seems to not offer much downside risk left. lol. CCL reported a Q3 August 2021 loss of $1.75 per share on revenue of $546million. The consensus estimate was a loss of $1.53 per share on revenue of $770.6 million.

Q4 November 2021 Consensus:
EPS = -$1.45
Revenue = $1.34B
52 week H = $31.52
52 week L = $16.32

Price levels 1 day chart:
SMA200 = $24.66
SMA150 = $23.80
SMA100 =$22.36
SMA50 =$22.36

breakout = $20.76
R3 = $20.21
R2 = $19.65
R1 = $19.09
pivot = $18.54
S1 = $17.98
S2 = $17.42
S3 = $16.89
breakdown = $16.30

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tradingview.com/u/growerik/




Note
Carnival (CCL) reported Q4 November 2021 loss of -$1.72 per share on revenue of $1.3 billion. As of November 30, 2021, 61% of the company's capacity was operating with guests on board and it expects the full fleet to be back in operation in the spring of 2022.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.