Carnival Co. & (NYSE:CUK) Announces Earnings Results

Carnival Co. & (NYSE:CUK) issued its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share for the quarter, Zacks reports. The firm had revenue of $5.78 billion during the quarter. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. During the same quarter last year, the business earned ($0.31) EPS. Carnival Co. & updated its FY 2024 guidance to 1.180-1.180 EPS and its Q3 2024 guidance to 1.150-1.150 EPS.

Carnival Co. & Trading Up 9.6 %

CUK opened at $16.08 on Wednesday. Carnival Co. & has a 12-month low of $9.77 and a 12-month high of $17.95. The company has a debt-to-equity ratio of 4.27, a current ratio of 0.36 and a quick ratio of 0.32. The stock has a market capitalization of $3.02 billion, a PE ratio of 61.85 and a beta of 2.62. The firm’s fifty day moving average price is $13.91 and its 200 day moving average price is $14.61.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.