Nomura Securities Reiterates Buy on Carnival Corp. (CCL) Following 5% Reversal

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Carnival Corporation & plc Reports Record Second Quarter Earnings And Additional $1 Billion Share Repurchase Authorization

June 28, 2016 9:15 AM EDT

MIAMI, June 28, 2016 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced adjusted net income of $370 million, or $0.49 diluted EPS for the second quarter of 2016 compared to adjusted net income for the second quarter of 2015 of $193 million, or $0.25 diluted EPS. For the second quarter of 2016, U.S. GAAP net income, which included unrealized gains on fuel derivatives of $242 million and $7 million of other expenses, was $605 million, or $0.80 diluted EPS. For the second quarter of 2015, U.S. GAAP net income was $222 million, or $0.29 diluted EPS. Revenues for the second quarter of 2016... More