Investing.com - Carnival (NYSE:CCL) Corp reported second quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $-1.61 on revenue of $2.4B. Analysts polled by Investing.com anticipated EPS of $-1.18 on revenue of $2.76B. .
Carnival Corp shares gained 3.94% to trade at $10.03 in intra-day trade following the report.
For the year, Carnival Corp shares are down 50.15%, under-performing the S&P 500 which is down 19.47% year to date.
Carnival Corp follows other major Consumer Discretionary sector earnings this month
On Thursday, May 26, 2022, Alibaba ADR reported second quarter EPS of $7.95 on revenue of $204.05B, compared to forecasts of EPS of $7.1 on revenue of $199.47B.
Pinduoduo earnings beat analyst's expectations on Friday, May 27, 2022, with first quarter EPS of $2.95 on revenue of $23.79B. Investing.com analysts expected EPS of $1.83 on revenue of $20.45B
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