Carnival Corp. prepares Q2 earnings test, shares face data-breach scrutiny

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 10:30.

Carnival Corp. (US1436583006) sets up a busy session on the NYSE with its second-quarter 2026 earnings conference call scheduled for 10:00 a.m. Eastern Time today, according to the company’s event calendar. The virtual call is listed on Carnival’s Investor Relations page.

What analysts expect today

For the quarter ending May 2026, analyst models compiled by Investing.com point to earnings of about 0.33 dollars per share and revenue near 6.68 billion dollars for Carnival. An Investing.com preview highlights these consensus figures and a Buy rating.

The same preview notes that the estimates imply roughly 64 percent profit growth versus the first quarter of 2026, reflecting the seasonal lift from spring and early-summer bookings, while revenue is expected to improve about 8 percent sequentially and around 5.5 percent year-on-year as capacity and pricing remain firm in the cruise segment compared with peers like Royal Caribbean and Norwegian Cruise Line.

Consensus stance on the Carnival shares

Analysts tracked by Investing.com currently classify Carnival largely as a Buy ahead of the NYSE earnings event, with 22 of 28 recommendations on the positive side and six at Hold, and an average price target around 35.05 dollars per share, implying mid-teens percentage upside from roughly 30 to 31 dollars. The same analyst roundup underscores that earnings-per-share estimates have edged about 2.2 percent higher over the past two months.

MarketBeat data show that Carnival shares closed at about 30.15 dollars on June 22, 2026, down roughly 2.3 percent on the day, before the stock moved slightly lower again after hours, leaving the earnings reaction as the next catalyst for the S&P 500 cruise operator. MarketBeat’s earnings overview also flags today’s 10:00 a.m. Eastern call.

The Texas data-breach investigation

Alongside the earnings focus, Carnival is dealing with regulatory scrutiny in the United States after the Texas Attorney General opened an inquiry into an April 14, 2026 data breach that exposed personal information of more than 6 million individuals, including over 800,000 Texas residents, according to a recent market report. Investing.com reports that the probe is examining Carnival’s data-protection practices and notification procedures.

The same report notes that Carnival shares on the NYSE slipped about 1.1 percent on Monday following headlines on the Texas investigation, as Attorney General Ken Paxton issued a civil investigative demand to assess whether the cruise operator complied with state rules on safeguarding sensitive customer information and responding to cybersecurity incidents in a timely manner.

How the company earns its money

Carnival generates most of its revenue from selling cruise vacations across brands such as Carnival Cruise Line, Princess Cruises and Holland America Line, including ticket sales, onboard spending on dining and excursions, and ancillary services like casinos and retail shops, while also earning from tour operations and private island destinations in the Caribbean and other regions.

Where the Carnival shares trade now

The Carnival Corp. shares (US1436583006) last closed on the NYSE on 2026-06-22 at around 30.15 US dollars.

This text is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. Figures and assessments are based on sources considered reliable but cannot be guaranteed.