Carnival Reports 32 Percent Drop In 2Q Profit
Stock quotes in this article:
CCL
Carnival lowered its 2009 earnings forecast to a range of $2 to $2.10 per share, from its previous guidance range of $2.10 to $2.30.
Analysts predict a 2009 profit of $2.08 per share. UBS Investment Research analyst Robin Farley noted that Carnival's full-year earnings guidance is actually higher if the impact of fuel costs is excluded. For the third-quarter, Carnival expects earnings to range from $1.15 and $1.19 per share, compared with analysts' forecast of $1.25 per share.- Loading Comments...
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