Carnival Corp. 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 16 cents per share.
EPS increased 127.7% 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 of 128.3% from $61.9 million in the year-earlier period.
The normalized profit margin rose to 3.9% from 1.7% in the year-earlier period.
Total revenue decreased on an annual basis to $3.59 billion from $3.63 billion, and total operating expenses decreased from the prior-year period to $3.31 billion from $3.48 billion.
Reported net income increased 123.7% on an annual basis to $226.2 million, or 29 cents per share, from $101.1 million, or 13 cents per share.
