Will Carnival Stock Bounce Back From Monday's 4% Drop?

It doesn't seem fair. Carnival Corp. (NYSE: CCL) (NYSE: CUK) checked off most of the boxes that investors like to see out of an earnings report this week. It topped expectations on both ends of the income statement, as well as all the key cruise line stocks metrics that Carnival reports. The world's largest cruise line operator also raised its guidance across the board.It was a classic "beat and raise" on Monday morning, but the market wasn't impressed. Carnival stock still tumbled 4% on the news. It's moving lower again in early Tuesday trading. The cruising bellwether had a strong fiscal third quarter. It extended a lot of impressive streaks.It has now cranked out 10 consecutive quarters of record revenue results. Carnival has been consistently landing ahead of Wall Street profit targets for a dozen straight reports. Net yield -- a widely tracked industry metric that calculates adjusted gross margin per available passenger cruise day -- has never been higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool