Investing.com - Carnival (NYSE:CCL) ADS reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival ADS announced earnings per share of $-1.66 on revenue of $1.62B. Analysts polled by Investing.com anticipated EPS of $-1.16 on revenue of $2.33B.
Carnival ADS shares are down 5.03% from the beginning of the year, still down 35.70% from its 52 week high of $27.31 set on June 8, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Carnival ADS follows other major Consumer Discretionary sector earnings this month
Carnival ADS's report follows an earnings beat by Home Depot on February 22, who reported EPS of $3.21 on revenue of $35.72B, compared to forecasts EPS of $3.18 on revenue of $34.88B.
Alibaba ADR had beat expectations on February 24 with third quarter EPS of $16.87 on revenue of $242.58B, compared to forecast for EPS of $15.93 on revenue of $246.3B.
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