Carnival Co. & (NYSE:CUK) Announces Quarterly Earnings Results

Carnival Co. & (NYSE:CUK) issued its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $5.78 billion during the quarter. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.20%. During the same quarter last year, the business earned ($0.31) earnings per share. Carnival Co. & updated its FY 2024 guidance to 1.180-1.180 EPS and its Q3 2024 guidance to 1.150-1.150 EPS.

Carnival Co. & Trading Up 2.1 %

Shares of CUK stock opened at $17.06 on Friday. The firm has a 50 day moving average price of $14.08 and a two-hundred day moving average price of $14.64. The company has a quick ratio of 0.32, a current ratio of 0.36 and a debt-to-equity ratio of 4.27. The company has a market capitalization of $3.20 billion, a PE ratio of 26.24 and a beta of 2.62. Carnival Co. & has a 12-month low of $9.77 and a 12-month high of $17.95.

Carnival Co. & Company Profile

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.