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

Carnival Co. & (NYSE:CUK) posted its quarterly earnings results on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The business had revenue of $5.78 billion for the quarter. During the same period in the previous year, the company posted ($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. & Price Performance

Shares of CUK stock opened at $16.08 on Wednesday. Carnival Co. & has a 1-year low of $9.77 and a 1-year high of $17.95. The stock’s 50-day moving average is $13.91 and its 200 day moving average is $14.61. The company has a market cap of $3.02 billion, a P/E ratio of 61.85 and a beta of 2.62. The company has a debt-to-equity ratio of 4.27, a current ratio of 0.36 and a quick ratio of 0.32.

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.