Carnival Corporation & plc Reports Fourth Quarter And Full Year Earnings

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Carnival Corp. (CCL) Tops Q4 EPS by 11c, Offers Guidance

December 20, 2019 9:16 AM EST

Carnival Corp. (NYSE: CCL) reported Q4 EPS of $0.62, $0.11 better than the analyst estimate of $0.51. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.59 billion.

GUIDANCE:

Carnival Corp. sees FY2020 EPS of $4.30-$4.60, versus the consensus of $4.39.

The company is entering fiscal year 2020 with a record booked occupancy position. At this time, cumulative advanced bookings for the full year 2020 are slightly ahead of the prior year at prices that are slightly lower compared to 2019 on a comparable basis, which does not include the net revenue yields... More