Carnival Swings to Fiscal Q1 Adjusted Earnings as Revenue Rises; Fiscal Q2, 2025 EPS Guidance Issued

MT Newswires Live

03-21

Carnival (CCL, CUK) reported fiscal Q1 adjusted earnings Friday of $0.13 per diluted share, swinging from a loss of $0.14 a year earlier.

Analysts polled by FactSet expected earnings of $0.02.

Revenue for the quarter ended Feb. 28 was $5.81 billion, up from $5.41 billion a year earlier.

Analysts surveyed by FactSet expected $5.75 billion.

For fiscal Q2, the company said it expects adjusted EPS of about $0.22.

Analysts polled by FactSet expect $0.23.

Carnival said fiscal 2025 adjusted EPS is expected to be about $1.83.

Analysts surveyed by FactSet expect $1.79.

Shares of the company were down 4.5% in recent trading.

Price: 20.00, Change: -1.20, Percent Change: -5.66

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