Carnival Corp plunges on forecast of Q4 loss, delayed return to profitability
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall St loses over 1% amid fading rate-cut hopes
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steadies as US fuel demand concerns face Middle East supply risks
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Carnival Corp. (CCL) Tumbles After Q3 Earnings Miss
September 30, 2022 11:05 AM EDTCarnival Corp. (NYSE: CCL) shares plummeted over 19% Friday after the company posted earnings for its latest quarter, missing earnings and revenue estimates.
The cruise line company reported a loss per share for the third quarter of $0.65, $0.54 worse than the analyst estimate of a loss of $0.11, while revenue came in at $4.31 billion versus the consensus estimate of $4.9 billion.
Bookings for the fourth... More
