Carnival Q2 Adj. EPS $(0.31) Beats $(0.34) Estimate, Sales $4.91B Beat $4.77B Estimate
Portfolio Pulse from Benzinga Newsdesk
Carnival Corporation reported Q2 losses of $(0.32) per share, beating the analyst consensus estimate of $(0.34) by 5.88%. Quarterly sales reached $4.91 billion, surpassing the $4.77 billion estimate by 2.96% and marking a 104.54% increase YoY.
June 26, 2023 | 1:17 pm
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POSITIVE IMPACT
Carnival's Q2 earnings beat estimates with a lower loss per share and higher sales, indicating a positive outlook for the company.
Carnival's Q2 earnings report shows a significant improvement in both EPS and sales compared to the same period last year. The better-than-expected results indicate a positive outlook for the company, which is likely to have a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100