Yes, Carnival's report was very good, considering the fluctuations in fuel prices. They have exceeded their expectations for June, and even their profit margins , which we will talk about shortly.
As for total sales, they achieved $8.43 billion, exceeding estimates of approximately $8.38 billion. That's an increase of approximately 3.5% compared to last year when they achieved $8.15 billion.
By the way, I see um retro with the uh yeah Carnival Cruise people are talking about. I guess I don't know if there was news on that, but it's it's certainly popping. Um up 12% today.
pretty much everything I was looking at Carnival Cruise is holding strong
So let's see how much I learned. So now I have Carnival Cruise because we saw that exploded. So I'm going to go to that opening bell and I'm going to draw the line up right now.
So number 21 here, ticker CCL, you can see Wall Street thinks it has a 42% upside in stock price over the next 12 to 18 months. Its price toearnings ratio right now is undervalued historically speaking.
Its price to sales ratio is undervalued and its price to operating cash flow is undervalued historically speaking. So all of these here come together to show us that the stock could be historically speaking undervalued and Wall Street thinks there's some good upside ahead. Maybe I should add it to my watch list.