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Carnival Corp. (CCL) Tumbles After Q3 Earnings Miss

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CARNIVAL CORPORATION & PLC PROVIDES THIRD QUARTER 2022 BUSINESS UPDATE

September 30, 2022 9:15 AM EDT

MIAMI, Sept. 30, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides third quarter 2022 business update.

U.S. GAAP net loss of $770 million and adjusted net loss of $688 million for the third quarter of 2022.Adjusted EBITDA for the third quarter of 2022 was over $300 million, turning positive for the first time since the resumption of guest cruise operations and marking a significant milestone.Revenue increased by nearly 80% in the third quarter of 2022 compared to second... More