trending Market Intelligence /marketintelligence/en/news-insights/trending/5mRPbUh1zlY_PEc66lghoQ2 content esgSubNav
In This List

Carnival PLC profit misses consensus by 64.2% in fiscal Q1

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Carnival PLC profit misses consensus by 64.2% in fiscal Q1

Carnival PLC said its normalized net income for the fiscal first quarter ended Feb. 29 came to 12 cents per share, compared with the S&P Capital IQ consensus estimate of 32 cents per share.

EPS climbed year over year from 4 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $89.4 million, an increase from $32.5 million in the year-earlier period.

The normalized profit margin climbed to 2.4% from 0.9% in the year-earlier period.

Total revenue climbed year over year to $3.65 billion from $3.53 billion, and total operating expenses totaled $3.45 billion, compared with $3.43 billion in the year-earlier period.

Reported net income increased year over year to $138.4 million, or 18 cents per share, from $46.7 million, or 6 cents per share.