Carnival Corp. (CCL) Misses Q2 EPS by 52c, Revenue Misses

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Go back to Carnival Corp. (CCL) Misses Q2 EPS by 52c, Revenue Misses

CARNIVAL CORPORATION & PLC PROVIDES SECOND QUARTER 2022 BUSINESS UPDATE

June 24, 2022 9:15 AM EDT

MIAMI, June 24, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides second quarter 2022 business update.

U.S. GAAP net loss of $1.8 billion and adjusted net loss of $1.9 billion for the second quarter of 2022.Cash from operations turned positive in the second quarter of 2022.Second quarter 2022 ended with $7.5 billion of liquidity, including cash, short-term investments and borrowings available under the company's revolving credit facility.Revenue increased by nearly 50% in the second... More