Fourth-quarter revenue is expected to come in at $4.22 billion, which would be up 24.3% sequentially and down 33% year over year. Adjusted earnings per share (EPS) are forecast at $8.26, up 20.8% sequentially and down 40.4% year over year. For the full 2022 fiscal year, analysts expect BioNTech to report EPS of $37.08, down 17.8%, on sales of $18.09 billion, down 16.3%.
BioNTech stock trades at 3.6 times expected 2022 EPS, 9.3 times estimated 2023 earnings of $14.39 and 15.4 times estimated 2024 earnings of $8.70 per share. The stock’s 52-week trading range is $117.08 to $189.07. BioNTech paid a special cash dividend of $2.13 in June 2022 but has not established an annual dividend. The company’s total return to shareholders over the past year was negative 22.71%.
Carnival
Shares of cruise ship operator Carnival Corporation & PLC (NASDAQ: BNTX) have had another tough year. Over the past 12 months, Carnival stock has dropped about 53%. Since the pandemic began in February 2020, shares are down about 79%.
Carnival has posted 11 consecutive money-losing quarters, although it beat the consensus estimate in its December quarter. The stock rose more than 50% in the first six weeks of this year but has dropped more than half that gain since then. If the company misses estimates when it reports earnings or has indifferent guidance, the stock could take another tumble.
Analysts remain cautiously optimistic on the stock, with nine of 21 analysts having a Buy or Strong Buy rating and another eight having Hold ratings. At a share price of around $9.00, the upside potential based on a median price target of $10.00 is 11.1%. At the high target of $22.00, the upside potential is 144.4%.
For the company’s first quarter of fiscal 2023, analysts have forecast revenue of $4.3 billion, up 12.1% sequentially and by 165% year over year. The company reported revenue of $1.62 billion in the same period a year ago. The adjusted loss per share is forecast at $0.60, better than the prior quarter’s loss per share of $0.85 but much better than last year’s quarterly loss of $1.66 per share.
For the full fiscal year that ends in November, Carnival is expected to post a per-share loss of just $1.85, compared with last year’s loss of $4.67 per share. Revenue is forecast to reach $20.98 billion, up 72.5% year over year. Carnival posted revenue of $12.17 billion in fiscal year 2022.
Carnival is expected to post earnings of $0.92 in its 2024 fiscal year and $1.21 in fiscal 2025. The stock’s 52-week range is $6.11 to $21.50. The company does not pay a dividend. Total shareholder return for the past year is a negative 52.51%.
Originally published at 24/7 Wall St.
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