Carnival PLC reports results for the quarter ended August 31 - Earnings Summary

• Carnival PLC CCL reported quarterly adjusted earnings of $1.43​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of $1.27. The mean expectation of four analysts for the quarter was for earnings of $1.33 per share. Wall Street expected results to range from $1.32 to $1.35 per share.

• Revenue rose 3.3% to $8.15 billion from a year ago; analysts expected $8.13 billion.

• Carnival PLC's reported EPS for the quarter was $1.33​.

• The company reported quarterly net income of $1.85 billion.

• Carnival PLC shares had risen by 12.3% this quarter and gained 13.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the hotels, motels & cruise lines peer group is also "buy"

• Wall Street's median 12-month price target for Carnival PLC is GBp2,300.00, about 10.7% above its last closing price of GBp2,054.00

This summary was machine generated from LSEG data September 29 at 02:16 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)