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

Carnival Co. & (NYSE:CUK) released its quarterly earnings results on Monday. The company reported $1.27 earnings per share for the quarter, Zacks reports. The firm had revenue of $7.90 billion during the quarter. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. Carnival Co. & updated its FY 2024 guidance to 1.330-1.330 EPS and its Q4 2024 guidance to 0.050-0.050 EPS.

Carnival Co. & Trading Down 3.5 %

Shares of NYSE:CUK traded down $0.58 during mid-day trading on Tuesday, reaching $16.09. 563,938 shares of the company’s stock were exchanged, compared to its average volume of 1,986,584. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 26.03 and a beta of 2.74. Carnival Co. & has a twelve month low of $9.77 and a twelve month high of $17.95. The business’s fifty day moving average price is $15.12 and its 200-day moving average price is $14.76. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.24 and a current ratio of 0.28.

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.