Carnival PLC said its normalized net income for the fiscal second quarter ended May 31 amounted to 18 cents per share, compared with the S&P Capital IQ consensus estimate of 17 cents per share.

EPS climbed year over year from 8 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $141.3 million, a gain from $61.9 million in the year-earlier period.

The normalized profit margin climbed to 3.9% from 1.7% in the year-earlier period.

Total revenue fell year over year to $3.59 billion from $3.63 billion, and total operating expenses declined year over year to $3.31 billion from $3.48 billion.

Reported net income increased from the prior-year period to $226.2 million, or 29 cents per share, from $101.1 million, or 13 cents per share.