Investing.com - Carnival (NYSE:CUK) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Carnival announced earnings per share of $-1.7 on revenue of $24.03M. Analysts polled by Investing.com anticipated EPS of $-1.68 on revenue of $60.79M.
Carnival shares are down 71% from the beginning of the year, still down 72.44% from its 52 week high of $3,732.00 set on December 24, 2019. They are under-performing the STOXX 600 which is down 11.43% from the start of the year.
Carnival follows other major Services sector earnings this month
Carnival's report follows an earnings missed by Tesco on Wednesday, who reported EPS of $0.04 on revenue of $28.72B, compared to forecasts EPS of $7.51 on revenue of $31,783M.
Next had missed expectations on September 17 with second quarter EPS of $-0.09 on revenue of $1.29B, compared to forecast for EPS of $196.18 on revenue of $2,043M.
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