Edition:
United Kingdom

Carnival Corp Sees FY 2019 Adjusted Earnings Per Share $4.25 To $4.35


Thursday, 20 Jun 2019 

June 20 (Reuters) - Carnival Corp ::CARNIVAL CORPORATION & PLC REPORTS SECOND QUARTER EARNINGS.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $4.25 TO $4.35.Q2 ADJUSTED EARNINGS PER SHARE $0.66.Q2 GAAP EARNINGS PER SHARE $0.65.Q2 REVENUE $4.8 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.53 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.SEES Q3 2019 ADJUSTED EARNINGS PER SHARE $2.50 TO $2.54.CUMULATIVE ADVANCED BOOKINGS FOR FULL YEAR 2020 ARE WELL AHEAD AT PRICES THAT ARE IN LINE COMPARED TO 2019..Q3 EARNINGS PER SHARE VIEW $2.69 -- REFINITIV IBES DATA.CARNIVAL - RECENT BOOKING TRENDS HAVE BEEN IMPACTED BY ONGOING GEOPOLITICAL AND MACROECONOMIC HEADWINDS AFFECTING CO'S CONTINENTAL EUROPEAN BRANDS.FY2019 EARNINGS PER SHARE VIEW $4.54 -- REFINITIV IBES DATA.EXPECTS FULL YEAR NET CRUISE COSTS EXCLUDING FUEL PER ALBD IN CONSTANT CURRENCY TO BE UP APPROXIMATELY 0.7 PERCENT.CARNIVAL - CONTINUE TO EXPECT HIGHER YIELDS IN NORTH AMERICA, AUSTRALIA BRANDS OFFSET BY LOWER YIELDS IN EUROPE & ASIA BRANDS FOR REMAINDER OF YEAR.NET REVENUE YIELDS IN CONSTANT CURRENCY ARE EXPECTED TO BE FLAT TO DOWN SLIGHTLY FOR Q3 AND LOWER FOR Q4.Q2 EARNINGS INCLUDED REVENUE GROWTH FROM HIGHER CAPACITY AND IMPROVED ONBOARD SPENDING.IN CONSTANT CURRENCY, QTRLY NET REVENUE YIELDS INCREASED 0.6 PERCENT.IN CONSTANT CURRENCY, QTRLY NET CRUISE COSTS EXCLUDING FUEL PER ALBD DECREASED 1.3 PERCENT. 

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3524.0
49.0 +1.41%
16 Aug 2019