Carnival Earnings, Revenue miss In Q2

  • Investing.com
Carnival Earnings, Revenue miss In Q2

Investing.com - Carnival (NYSE: CCL ) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Carnival announced earnings per share of $-1.64 on revenue of $2.4B. Analysts polled by Investing.com anticipated EPS of $-1.15 on revenue of $2.76B.

Carnival shares are down 45% from the beginning of the year and are trading at $756.8 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 15.35% from the start of the year.

Carnival follows other major Consumer Discretionary sector earnings this month

Carnival's report follows an earnings missed by Mahindra and Mahindra on Sunday, May 29, 2022, who reported EPS of $0.1277 on revenue of $2.21B, compared to forecasts EPS of $0.1307 on revenue of $2.21B.

JD Sports Fashion had missed expectations on Wednesday with second quarter EPS of $0.03 on revenue of $4.68B, compared to forecast for EPS of $5.61 on revenue of $4,658M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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