27.03.2024 14:42:06 - dpa-AFX: Carnival Corporation & plc Q1 Loss Decreases, beats estimates
PANAMA (dpa-AFX) - Carnival Corporation & plc (CCL) announced Loss for first
quarter that decreased from the same period last year and beat the Street
estimates.
The company's earnings came in at -$214 million, or -$0.17 per share. This
compares with -$693 million, or -$0.55 per share, in last year's first quarter.
Excluding items, Carnival Corporation & plc reported adjusted earnings of -$180
million or -$0.14 per share for the period.
Analysts on average had expected the company to earn -$0.18 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 22.0% to $5.406 billion from $4.432
billion last year.
Carnival Corporation & plc earnings at a glance (GAAP) :
-Earnings (Q1): -$214 Mln. vs. -$693 Mln. last year.
-EPS (Q1): -$0.17 vs. -$0.55 last year.
-Revenue (Q1): $5.406 Bln vs. $4.432 Bln last year.
-Guidance:
Next quarter EPS guidance: Around -$0.03
Full year EPS guidance: Around $0.98
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