Carnival's Stock Fluctuates Amidst Mixed Earnings and Outlook.
TL;DR
Carnival Corp reported Q1 FY23 sales of $4.43 billion, beating the consensus of $4.33 billion, with revenue growing 95% from 2019 levels and jumping 173% from the prior year. The company expects FY23 adjusted EBITDA of $3.9 billion - $4.1 billion and an occupancy rate of 100% or higher. Despite the positive results, Carnival shares are trading lower by 0.54% at $9.17.
Topics:businessfinance#adjusted-ebitda#carnival-corp#finance#occupancy-rate#q1-results#revenue-growth
- What's Going On With Carnival Shares Today Yahoo Finance
- Carnival’s stock turns lower as downbeat outlook overshadows ‘phenomenal’ bookings MarketWatch
- Carnival Corporation stock rises on Q1 earnings beat Yahoo Finance
- Carnival posts smaller loss on strong travel demand, higher ticket pricing Yahoo Finance
- Carnival Issues Soft Earnings Guidance as Costs Rise MarketWatch
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on Yahoo Finance