Beats expectations!21 Dec 2022 14:58
MIAMI (AP) _ Carnival Corp. (CCL) on Wednesday reported a loss of $1.6 billion in its fiscal fourth quarter.
On a per-share basis, the Miami-based company said it had a loss of $1.27. Losses, adjusted for asset impairment costs and non-recurring costs, came to 85 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 89 cents per share.