Investing.com - Carnival (NYSE:CCL) ADS reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival ADS announced earnings per share of $-2.19 on revenue of $31.00M. Analysts polled by Investing.com anticipated EPS of $-2.18 on revenue of $77.61M.
Carnival ADS shares are down 71.41% from the beginning of the year and are trading at $13.77 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Carnival ADS shares gained 0.22% in intra-day trade after the report.
Carnival ADS follows other major Transportation sector earnings this month
Carnival ADS's report follows an earnings beat by FedEx on Tuesday, September 15, 2020, who reported EPS of $4.87 on revenue of $19.3B, compared to forecasts EPS of $2.7 on revenue of $17.55B.
Gol Linhas Aereas ADR had beat expectations on Monday, September 21, 2020 with third quarter EPS of $-0.3 on revenue of $68.73M, compared to forecast for EPS of $-1.12 on revenue of $117.1M.
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