Carnival Corp. (CCL) Tops Q1 EPS by 10c; Muted Outlook

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Carnival Corporation & plc Reports Significantly Higher First Quarter Earnings

March 27, 2015 9:15 AM EDT

MIAMI, March 27, 2015 /PRNewswire-FirstCall/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced non-GAAP net income of $159 million, or $0.20 diluted EPS, for the first quarter of 2015 compared to non-GAAP net loss for the first quarter of 2014 of $3 million, or $0.00 per share. For the first quarter of 2015, U.S. GAAP net income, which included unrealized losses on fuel derivatives of $112 million, was $49 million, or $0.06 diluted earnings per share. For the first quarter of 2014, U.S. GAAP net loss was $20 million, or $0.03 diluted loss per share.  Revenues for the first quarter of 2015 were $3.5... More