Carnival: All Clear Sign
- Royal Caribbean reported a solid Q4'22 earnings report, but most importantly guided to a big 2023 EPS of over $3.
- Carnival already forecast a solid adjusted EBITDA boost in the weak FQ1'23 in a sign this year was going to be vastly improved.
- The stock is cheap at $12 with peers already guiding to 2025 EPS targets topping 2019 peak levels amounting to a $4+ EPS target for Carnival.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »