Investing.com - Carnival (NYSE:CCL) Corp reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $-2.02 on revenue of $34M. Analysts polled by Investing.com forecast EPS of $-1.89 on revenue of $110.79M. .
Carnival Corp shares lost 2.71% to trade at $18.70 in intra-day trade following the report.
Carnival Corp shares lost 2.71% to trade at $18.70 in intra-day trade following the report.
For the year, Carnival Corp shares are down 13.5%, under-performing the S&P 500 which is up 2.64% year to date.
Carnival Corp follows other major Services sector earnings this month
On Tuesday, January 19, 2021, Netflix reported fourth quarter EPS of $1.19 on revenue of $6.64B, compared to forecasts of EPS of $1.36 on revenue of $6.62B.
Verizon earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $1.21 on revenue of $34.69B. Investing.com analysts expected EPS of $1.17 on revenue of $34.49B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar