Carnival Corp CCL reported second-quarter earnings of 66 cents per share, which beat the analyst consensus estimate of 61 cents. This is a 2.94% decrease over earnings of 68 cents per share from the same period last year.
The company reported quarterly sales of $4.84 billion, which beat the analyst consensus estimate of $4.53 billion. This is a 11.09% increase over sales of $4.357 billion the same period last year.
Carnival shares are trading lower, however, after the company cut FY2019 earnings per share guidance from $4.35-$4.55 To $$4.25-$4.35, citing geopolitical and macroeconomic headwinds affecting the company's Continental European brands.
The stock traded at $48.80 in the pre-market session, down 7.6%. The stcok has a 52-week range between $67.69 and $45.64.
Related Links:
Goldman Sachs Upgrades Carnival, Says Line Is Cruising Toward Growth
Carnival Cruises Into 2018 On A Wave Of Top-Line Growth; Analyst Sees More Upside
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
