Investing.com - Carnival (NYSE:CCL) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival announced earnings per share of $-1.64 on revenue of $2.4B. Analysts polled by Investing.com anticipated EPS of $-1.15 on revenue of $2.76B.
Carnival shares are down 45% from the beginning of the year, still down 57.89% from its 52 week high of $1,797.00 set on September 28, 2021. They are under-performing the STOXX 600 which is down 15.35% from the start of the year.
Carnival follows other major Consumer Discretionary sector earnings this month
Carnival's report follows an earnings missed by Mahindra and Mahindra on May 29, who reported EPS of $0.1277 on revenue of $2.21B, compared to forecasts EPS of $0.1307 on revenue of $2.21B.
JD Sports Fashion had missed expectations on Wednesday with second quarter EPS of $0.03 on revenue of $4.68B, compared to forecast for EPS of $5.61 on revenue of $4,658M.
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