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Stock Market & Financial Investment News

News Breaks
December 20, 2012
09:28 EDTCCL, CUKCarnival reports Q4 EPS 13c, consensus 11c
Reports Q4 revenue $3.6B, consensus $3.54B.
News For CCL;CUK From The Last 14 Days
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May 20, 2013
19:01 EDTCCLOn The Fly: After Hours Movers
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17:29 EDTCCL, CUKCarnival backs Q2 EPS view of 4c-8c, consensus 7c
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17:27 EDTCCL, CUKCarnival lowers FY13 EPS to $1.45-$1.65 from $1.80-$2.10, consensus $1.97
Current cruise ticket pricing for the company has driven higher booking volumes however, at the same time, it has led to lower than anticipated net revenue yields which has resulted in reduced earnings guidance. The company now expects FY13 net revenue yields to be down 2%-3% compared to the previous flat yield guidance for the year. In addition, voyage cancellations beyond those incorporated in the company's previous earnings guidance, as well as increased selling and administrative costs, are expected to reduce earnings by approximately 10c per share.

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