Investing.com - Carnival (NYSE:CUK) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival announced earnings per share of $-2.66 on revenue of $563.74M. Analysts polled by Investing.com anticipated EPS of $-1.21 on revenue of $683.64M.
Carnival shares are down 65% from the beginning of the year , still down 69.02% from its 52 week high of $4,071.00 set on June 18, 2019. They are under-performing the TR UK 50 which is down 15.72% year to date.
Carnival follows other major Services sector earnings this month
Carnival's report follows an earnings missed by Ashtead Group on Tuesday, who reported EPS of $0.2 on revenue of $1.13B, compared to forecasts EPS of $0.33 on revenue of $1.08B.
Burberry Group had missed expectations on May 22 with fourth quarter EPS of $-0.07 on revenue of $1.35B, compared to forecast for EPS of $0.46 on revenue of $1,537M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar