Investing.com - Carnival (NYSE:CCL) Corp reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $-0.85 on revenue of $3.84B. Analysts polled by Investing.com forecast EPS of $-0.88 on revenue of $3.91B. .
Carnival Corp shares lost 1.60% to trade at $7.97 in pre-market trade following the report.
For the year, Carnival Corp shares are down 59.74%, under-performing the S&P 500 which is down 19.82% year to date.
Carnival Corp follows other major Consumer Discretionary sector earnings this month
On Tuesday, Nike reported second quarter EPS of $0.85 on revenue of $13.3B, compared to forecasts of EPS of $0.65 on revenue of $12.58B.
Pinduoduo earnings beat analyst's expectations on Monday, November 28, 2022, with third quarter EPS of $8.62 on revenue of $35.5B. Investing.com analysts expected EPS of $4.79 on revenue of $30.71B
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