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Carnival Q4 adjusted earnings beat estimates

Christian Fernsby ▼ | December 23, 2019
Carnival reported a profit for fourth quarter that fell from last year.
Carnival corporation
Carnival   The company's bottom line totaled $423 million
The company's bottom line totaled $423 million, or $0.61 per share. This compares with $494 million, or $0.71 per share, in last year's fourth quarter.

Topics: Carnival

Excluding items, Carnival Corp. reported adjusted earnings of $427 million or $0.62 per share for the period.

Analysts had expected the company to earn $0.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.2% to $4.78 billion from $4.46 billion last year.