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Carnival Corporation  (CCL)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Vacation
   Industry Cruise and Vacation
   Sector  Services
 



EARNINGS REPORT by CSIMarket

Impairment charge hurt Carnival Corporation

Assets impairment charges of $731 million, widen comany's losses in the first quarter 2020, company expects fiscal year eps at $ 2.40 per share and Sales at $16,440 millions

Carnival Corporation announced earnings per share of $-1.14 and Sales of $4.78 billions in the first quarter 2020, Company's slipped into loss per share, versus $0.48 eps, earned in the same quarter a year ago, although Carnival Corporation saw it's Sales rise by 2.48 % in the same period.

In comparison to previous quarter eps fell from $0.62 per share and Sales increased by 0.17 % from $4.78 billions.

For the first quarter 2020 Carnival Corporation logged net loss of $-781.000 million, instead of net income of $336.000 millions achieved in the same quarter a year before.

The losses from it's business operations, were increased by $731 million impairment charges. Carnival Corporation provided annual earnings per share guidance between $2.30 and $ 2.50, while on the sales side company expects to achieve revenues between $16,361 millions and $16,519 millions.


Carnival Corporation is expected to report next financial results on June 26, 2020.


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Assets impairment charges of $731 million, widen comany's losses in the first quarter 2020

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Other CCL's Earnings Reports

Carnival reported fourth quarter 2019 earnings

Carnival reported third quarter 2019 earnings

Carnival reported second quarter 2019 earnings

       
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