Stifel analyst Steven Wieczynski said in a preview of Carnival's earnings report that he "fully expects" a Q1 EPS beat on stronger than expected yield growth, though he does not expect the company to raise full-year yield guidance. While the Caribbean, Alaska and Australia all continue to show strength in bookings, uncertainty about Europe will probably require Carnival "to stay put," the analyst tells investors. He would not be surprised to a see negative response if his thoughts around guidance prove accurate, given how mixed sentiment is on the name, but Wieczynski said he would be a buyer on any pullback. He keeps a Buy rating and $70 price target on Carnival shares.