Carnival Earnings Beat Estimates. Stock Is Falling.
Carnival Earnings Beat Estimates. The Stock Is Falling.
Carnival stock was falling after the company reported earnings that beat analyst expectations, but its fourth-quarter outlook came in light. The cruise operator reported a profit of $1.27 per share in its third quarter,
Carnival Stock Cruises to Another Beat-and-Raise Performance
It's the second-strongest quarter in Carnival's history. Adjusted earnings per share climbed 48% to reach $1.27 a share. It's just the latest strong performance since Carnival returned to normal operations in the wake of the prolonged pandemic-related shutdown.
Carnival’s stock drops as downbeat yields outlook offsets an earnings beat on record revenue
Shares of Carnival Corp. dropped 4% in early trading Monday, after the cruise operator reported record fiscal third-quarter revenue that beat expectations, but provided a downbeat outlook for yields in the current quarter.
Carnival's Record-Setting Quarter Offset by Weak Net Yield Outlook
Key Takeaways Carnival Corp. set records for operating income and adjusted EBITDA, but its shares slipped Monday on weak net yield guidance.The cruise operator beat third-quarter estimates for earnings and revenue as both ticket sales and other sales grew.
Carnival Stock Retreats After Earnings Beat, Raised Guidance
Carnival cleared Q3 views and lifted its guidance as bookings pick up. But shares fell from near a buy point while rivals also trade around buy zones.
Carnival Stock Slips After Record-Setting Quarter Offset by Weak Outlook
Carnival Corp. set records for operating income and adjusted EBITDA, but its shares slipped Monday on its net yield guidance.
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