Carnival Corp (CCL) stock jumped following a good report for Q1 2016. Previously the company reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.08 with surprise factor of 19.00%.Net income tripled to $142 mln, or 18 cents per share, for the first quarter ended February 29, from $49 mln, or 6 cents per share, a year earlier. It also reduced its holding in Federated Invs Inc Pa (NYSE:FII) by 3.66M shares in the quarter, leaving it with 8,017 shares, and cut its stake in Waddell & Reed Finl Inc (NYSE:WDR).InterOil Corporation (IOC) surged 12.5% or $3.70 to $33.24 after the Singapore-based oil and gas explorer stated total revenues in the fourth-quarter ending in December swung to profit of $11.7 million from a revenues loss of $13.2 million in the same period a year ago. CCL reported revenue of $3.5 billion in Q1 2015. Carnival Corp updated its Q2 guidance to $0.34-0.38 EPS and its FY16 guidance to $3.20-3.40 EPS. Furthermore, Suntrust Banks Inc have 12.25% of their United States long equity exposure invested in the company for 38.53 million shares.This morning before the market opened, Carnival Corp.Several equities analysts have commented on the stock. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Carnival Corp (NYSE:CCL) has risen 2.60% since August 21, 2015 and is uptrending.Donald said a new yield-management system will be in place for about 30% of the company’s fleet by the summer of 2016, but because most of the inventory will be booked by then, it won’t be until next year before Carnival Corp. starts seeing the impact of the system on its finances. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. Now the company Insiders own 22% of Carnival Corporation shares according to the proxy statements. Analysts expected revenue of $3.63 billion. Following the completion of the sale, the chief financial officer now directly owns 50,951 shares of the company’s stock, valued at $2,451,252.61. The cruise line now operates six of its 99 ships in China, from the Costa and Princess Lines.The company increased ticket prices in North America and Europe, Asia and Australia, with particularly large increases in its core Caribbean itineraries, which accounted for 47 percent of cruises during the period, Donald said.