Carnival: reduces target EPS range
(CercleFinance.com) - Alongside the publication of its quarterly results, Carnival has said that it now expects adjusted EPS of between 4.
25 dollars and 4.35 dollars, against a previous target range of 4.35 dollars to 4.55 dollars, as announced in March.
In particular the Anglo-American cruise operator justifies this reduction by the adverse effects relating to disturbances on Carnival Vista trips and the change in US policy concerning travel to Cuba.
In its second accounting quarter, the Miami-based group saw its adjusted EPS fall 3% to 66 cents, despite revenues that are up 9% to 4.8 billion dollars, thanks to increased capacity and on-board expenditure.
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25 dollars and 4.35 dollars, against a previous target range of 4.35 dollars to 4.55 dollars, as announced in March.
In particular the Anglo-American cruise operator justifies this reduction by the adverse effects relating to disturbances on Carnival Vista trips and the change in US policy concerning travel to Cuba.
In its second accounting quarter, the Miami-based group saw its adjusted EPS fall 3% to 66 cents, despite revenues that are up 9% to 4.8 billion dollars, thanks to increased capacity and on-board expenditure.
Copyright (c) 2019 CercleFinance.com. All rights reserved.