21.12.2023 15:31:49 - dpa-AFX: Carnival Corporation & plc Q4 Loss Decreases, beats estimates
PANAMA (dpa-AFX) - Carnival Corporation & plc (CCL) announced Loss for
fourth quarter that decreased from the same period last year and missed the
Street estimates.
The company's earnings totaled -$48 million, or -$0.04 per share. This compares
with -$1598 million, or -$1.27 per share, in last year's fourth quarter.
Excluding items, Carnival Corporation & plc reported adjusted earnings of -$90
million or -$0.07 per share for the period.
Analysts on average had expected the company to earn -$0.13 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 40.6% to $5.40 billion from $3.84
billion last year.
Carnival Corporation & plc earnings at a glance (GAAP) :
-Earnings (Q4): -$48 Mln. vs. -$1598 Mln. last year.
-EPS (Q4): -$0.04 vs. -$1.27 last year.
-Analyst Estimates: -$0.13
-Revenue (Q4): $5.40 Bln vs. $3.84 Bln last year.
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